Comment on American Express Earnings: 4 Things to Cheer About and 1 That’s Concerning

American Express Earnings: 4 Things to Cheer About and 1 That’s Concerning

American Express (NYSE: AXP) reported its second-quarter earnings on Wednesday afternoon, and with shares declining by roughly 3% after the report, it's fair to say that investors weren't thrilled with what they saw. While most of American Express' earnings report was quite strong, the company did miss revenue estimates.In addition to the revenue miss, there was another concerning trend in Amex's earnings.

 

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