New York City, July 23, (dpa-AFX/GNA) – American Express Co. (AXP) reported a profit for its second quarter that advanced from last year.
The company’s bottom line totalled 2.28 billion dollars, or 2.80 dollars per share. This compares with 0.26 billion dollars, or 0.29 dollar per share, in last year’s second quarter.
Analysts had expected the company to earn 1.58 dollars per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 33.3 per cent to 10.24 billion dollars from 7.68 billion dollars last year.
GNA