American Express (NYSE: AXP) reported first-quarter 2021 financial results before the regular market hours on Friday. The payment services firm reported Q1 revenue of $9.06 billion, down 12% year-over-year and slightly below the Wall Street projection. Meanwhile, net income of $2.74 per share was well above the target that analysts had anticipated.
AXP shares fell 0.7% immediately following the announcement. The stock has gained 72% in the trailing 12 months.
“Our investments to scale next horizon opportunities are well underway. We began the rollout of the Kabbage digital platform to our small business customers, and through our joint venture in China, we have now added more than 14 million merchants to our network,” CEO Stephen J. Squeri said in a statement.
Southwest Airlines Co. (NYSE: LUV) reported third quarter 2021 earnings results today. Operating revenue increased 161% year-over-year to $4.7 billion. The company reported a net income of $446 million, or
Alaska Air (NYSE: ALK) reported third-quarter 2021 financial results before the regular market hours on Thursday. The aviation company reported Q3 revenue of $1.95 billion, up over 260% year-over-year and
AT&T (NYSE: T) reported Third-quarter 2021 financial results before the regular market hours on Thursday. The telecommunications giant reported Q3 revenue of $39.9 billion, down by 5.7% reflecting the company's