American Express-AmEx (AXP) Beats on Q2 Earnings Estimates, Ups '24 EPS View

American Express Company (AXP) reported second-quarter 2024 earnings per share (EPS) of $3.49, which beat the Zacks Consensus Estimate by 8.4%. The bottom line climbed 20.8% year over year.Total revenues net of interest expense amounted to$ 16.3 billion, which missed the Zacks Consensus Estimate by 1.5%. However, the top line improved 8.5% year over year in the quarter under review.The better-than-expected second-quarter 2024 earnings benefited from rising net interest income and growth in the customer base ...