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American Express announced earnings per share of $2.73 on revenue of $11.74B. Analysts polled by Investing.com anticipated EPS of $2.4 on revenue of $11.64B.
American Express shares are up 24% from the beginning of the year, still down 6.92% from its 52 week high of $199.55 set on February 16. They are outperforming the S&P 500 which is down 7.82% from the start of the year.
American Express’s report follows an earnings missed by JPMorgan on April 13, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar