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Amex Narrows Revenue Guidance After Beating Q2 EPS Expectations

Guavy AI Editorial Team
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AXP
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American Express reported second-quarter earnings of $4.53 per share, surpassing the analyst consensus estimate of $4.45 per share.

The company's quarterly sales of $19.637 billion missed the consensus estimate of $19.694 billion.

Despite the mixed results, American Express narrowed its full-year revenue guidance to a single point estimate of $79.45 billion, representing approximately 10% year-over-year growth.

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