Trending: American Express 1Q Profit Rises
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Dow Jones
10:06 ET -- American Express is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. American Express posted higher profit in the first quarter as the company's cardholders continued to spend. The credit card company reported a profit of $2.44 billion, or $3.33 a share, compared with $1.82 billion, or $2.40 a share, a year earlier. Analysts polled by FactSet expected per-share earnings of $2.95. Revenue rose 11% to $15.80 billion, compared with the $15.79 billion expected by analysts polled by FactSet. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
April 19, 2024 10:21 ET (14:21 GMT)
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