Categories AlphaGraphs, Earnings, Finance

AXP Earnings: Key quarterly highlights from American Express’ Q2 financial results

American Express Company (NYSE: AXP) reported second quarter 2022 earnings results today.

Consolidated total revenues, net of interest expense, were $13.4 billion, up 31% from the year-ago period.

Net income decreased 14% year-over-year to $1.96 billion while EPS dropped 8% YoY to $2.57.

The company raised its full-year 2022 revenue growth guidance to a range of 23-25% from the previous range of 18-20%. EPS for the full year is expected to be $9.25-9.65.

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