Categories AlphaGraphs, Earnings, Finance

Infographic: How American Express (AXP) performed in Q3 2020

American Express Company (NYSE: AXP) reported third quarter 2020 earnings results today.

Consolidated revenues, net of interest expense, declined 20% to $8.8 billion, reflecting declines in Card Member spending and the average discount rate versus last year.    

Net income dropped 39% to $1.1 billion, or $1.30 per share, compared to last year.

Total provisions for credit losses were down 24% to $665 million.

Prior performance

American Express reports Q2 2020 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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