American Express records $20 billion in Q3 revenue and updates annual outlook
AXP American Express Co
$313.22 -3.68%
View chart & analysis → - 1American Express recorded $20 billion in Q3 revenue, achieving a 9% year-over-year increase.
- 2American Express reported a Q3 reported EPS of $5.42.
- 3American Express incurred $336 million in restructuring costs and expects to eliminate approximately 5% of its global workforce.
So what's the key point?
American Express generated $20 billion in revenue during the third quarter. The company also incurred restructuring costs while reducing its workforce by about 5%.
Source The Motley Fool +1 · View original ↗
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