Quarterly earnings at American Express rose

The operator of credit cards American Express reported a rise in net profit in the III quarter of 2017 to 1.36 billion dollars or 1.5 dollars per share against 1.14 billion or $ 1.2 per share a year earlier.

Revenue increased to 8.45 billion compared with 7.77 billion for the same period a year earlier.

Analysts predicted profit of American Express at the level of $ 1.48 per share and revenues of $ 8.3 billion.

The company expects the company’s profit for the year 2017 in the range from 5.8 to 5.9 $ per share. Analysts expect the value of the index at the level of the $ 5.74 per share.

After the publication of quarterly reports in the course of trading on postmarket American Express shares fell 0.5%.

Quarterly earnings at American Express rose 19.10.2017

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