Apr 22nd, 2013: Snapshot of American Express Company (AXP)'s top-line and bottom line results.
Q1 2013 Quarterly Results:
- Financial Highlights: Increase in reported EPS/revenue and rise in card member spending
- Total Revenue: American Express Company (AXP)'s Total Revenue of $7.8B was a 4% improvement over the $7.5B reported for Q1 of 2012. This was below the average estimate of $8.04B expected by stock analysts.
- Net Income: AXP's Net Income of $1.28B was 2% higher than the $1.25B (Q1 of 2012) reported by the company.
- EPS/Diluted: AXP's EPS came in at $1.15, which was above the $1.12 market consensus and a healthy 7% higher than the $1.07 reported in Q1-2012.
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MarketConsensus Stock Analysis Team