CORRECTION: American Express Posts Mixed Q1 Results Wednesday
Headlines were distributed via MT Newswires at 4:17 p.m. ET, Thursday, April 17, that reported inaccurate Q1 results for American Express ( AXP ) as well incorrectly stating how those numbers compared to Wall Street expectations.
American Express reported Q1 results Wednesday night, April 16. The following is the correct quarterly data for the company:
American Express reported Q1 EPS of $1.33, better than the analyst consensus of $1.30 per share on Capital IQ. Revenue was $8.19 billion, shy of expectations of $8.36 billion.