Market Movers rounded up the best reactions from investors and analysts on American Express . The pros discussed the credit card company and its second-quarter results released before Friday’s market open. American Express beat expectations on earnings, reporting $2.89 per share compared with analysts’ forecasts for $2.81 per share. Although the company’s $15.05 billion in revenue missed estimates of $15.48 billion, it was still good enough for a fresh record high . Shares ended the day about 3.9% lower.
Source link: https://www.cnbc.com/2023/07/21/american-express-shares-dip-after-earnings-heres-how-to-play-the-stock.html