American Express shares tumble despite robust earnings, higher revenue outlook as rising costs weigh on sentiment

How 1 sources are covering this

• MintLean R·2h ago

  American Express shares tumble despite robust earnings, higher revenue outlook as rising costs weigh on sentiment

  Total card spending, or billed business, climbed 9% year over year to $455.8 billion on a foreign exchange-adjusted basis. Quarterly revenue also rose 10% to $19.6 billion, reflecting healthy consumer activity

  Read at Mint →