American Express reported third-quarter profit above Wall Street estimates on Friday, as higher spending on its cards offset a hit from bigger provisions for credit losses.
AXP stock retreated from record highs in trade ... American Express shares pared losses Friday after the credit-card company's quarterly revenue missed Wall Street estimates.
Begin your TipRanks Premium journey today. American Express (AXP) Company Description: Founded in 1850, American Express Co. is a financial services corporation which provides charge and credit ...
American Express shares tumbled 2.9% in premarket trading after its quarterly revenue came in below Wall Street's estimates. Shares were trading around $277.77. The stock is up about 52% on the year.
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