American Express (NYSE: AXP) Earnings With Premium Card Spending Divergence in Focus
American Express (NYSE: AXP) Earnings With Premium Card Spending Divergence in Focus
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American Express delivered its fifth consecutive quarter of record revenues, with EPS and Card Member spending also reaching all-time highs in the second quarter, demonstrating the continued strength of our differentiated business model. Chairman and Chief Executive Officer Steve Squeri said: “We are seeing continued strong demand for our premium products, with over 70% of the new accounts we acquired in the quarter on our fee-based cards.” Read more about our results in the American Express New
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