American Express earnings beat expectations on strong card fee revenues, shares rise

American Express earnings beat expectations on strong card fee revenues, shares rise

American Express reported fourth-quarter results that beat analyst expectations, sending the stock higher as card fee revenues grew more than expected.

The shares rose 2% in premarket trading Friday.

Here’s how the payments company’s results compared to what Wall Street analysts expected:

• Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv
• Revenue: $11.365 billion vs $11.36…

View On WordPress