American Express on Friday reported fourth-quarter results that beat analyst expectations, sending the stock higher, as card fee revenues grew more than expected.
The shares rose 2.4% in premarket trading.
Here’s how the payments company’s results compared with what Wall Street analysts expected:
- Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv
- Revenue: $11.365 billion vs $11.36 billion expected
- Net card fees: $1.08 billion vs StreetAccount estimate of $1.05 billion
