American Express Beats Q2 EPS Estimates at $4.53, Raises Full-Year Revenue Outlook

AXP-2.26%
American Express reported second-quarter earnings per share of $4.53, beating estimates of $4.41. Revenue came in at $19.64 billion, slightly below the expected $19.69 billion. The company raised its full-year revenue growth forecast to 10% from the prior guidance of 9% to 10%. American Express maintained its full-year EPS outlook of $17.30 to $17.90. The stock declined more than 2% in premarket trading.
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