American Express Company (NYSE: AXP) reported its first quarter 2023 earnings results today. Total revenues net of interest expense increased 22% year-over-year to $14.2 billion. Net income decreased 13% to $1.81 billion while EPS fell 12% to $2.40. The company expects revenue to grow 15-17% in FY2023. Prior performance
American Express Company (NYSE: AXP) reported its first quarter 2023 earnings results today.
Total revenues net of interest expense increased 22% year-over-year to $14.2 billion.
Net income decreased 13% to $1.81 billion while EPS fell 12% to $2.40.
The company expects revenue to grow 15-17% in FY2023.
