Categories AlphaGraphs, Earnings, Finance
AXP Earnings: All you need to know about American Express Q2 2020 earnings results
American Express Company (NYSE:AXP) reported second quarter 2020 earnings results today.
Total revenues dropped 29% year-over-year to $7.6 billion, mainly due to a decline in Card Member spending and a lower average discount rate.
Net income fell 85% to $257 million and EPS declined 86% to $0.29.
Consolidated provisions for losses were $1.6 billion, up from $861 million a year ago, due to a reserve build of $628 million.
Past Performance
Click here to read the transcript for American Express Q2 2020 earnings conference call
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the