NEW YORK CITY (dpa-AFX) - American Express Co. (AXP) reported a profit for its third quarter that rose compared to the same period last year.
The company said its bottom line came in at $1.36 billion, or $1.50 per share. This was up from $1.14 billion, or $1.20 per share, in last year's third quarter.
Analysts had expected the company to earn $1.48 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 8.6% to $8.44 billion. This was up from $7.77 billion last year.
American Express Co. earnings at a glance:
-Earnings (Q3): $1.36 Bln. vs. $1.14 Bln. last year. -Earnings Growth (Y-o-Y): 19.3% -EPS (Q3): $1.50 vs. $1.20 last year. -EPS Growth (Y-o-Y): 25.0% -Analysts Estimate: $1.48 -Revenue (Q3): $8.44 Bln vs. $7.77 Bln last year. -Revenue Change (Y-o-Y): 8.6%
-Guidance: Full year EPS guidance: $5.80 - $5.90
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