AmEx quarterly profit plunges 76% [Reuters (UK)]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.americanexpress.com
Company Research
Source: Reuters
AmEx quarterly profit plunges 76% - Reuters 1 Min Read (Reuters) - Credit card issuer American Express Co ( AXP.N ) posted a 76% drop in first-quarter profit on Friday, as it set aside $2.6 billion to cover potential losses stemming from the coronavirus outbreak. The pandemic has hammered the global economy, pushing companies to layoff employees by the millions. That, in turn, could weigh on credit card issuers like American Express as more people default on their payments. The company’s net income fell to $367 million, or 41 cents per share, in the quarter ended March 31 from $1.55 billion, or $1.80 per share, a year earlier. Total revenue, excluding interest expense, fell to $10.3 billion from $10.4 billion. Reporting by Ayanti Bera in Bengaluru; Editing by Anil D'Silva All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2020 Reuters. All Rights Reserved.
Show less
Read more
Impact Snapshot
Event Time:
AXP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AXP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AXP alerts
High impacting American Express Company news events
Weekly update
A roundup of the hottest topics
AXP
News
- American Express Company (AXP): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Is Softer Analyst Sentiment Before Earnings Quietly Reframing American Express' (AXP) Growth Narrative? [Yahoo! Finance]Yahoo! Finance
- ‘Small Business Saturday' Hopes Dashed By 18% Spending Decline In 2025 [Forbes]Forbes
- More travelers have lounge access than ever. Is that a good thing? [USA TODAY]USA TODAY
- Accertify: Cyber Monday Transaction Volume Jumps 24% as Smaller Carts and Later Evening Shopping Dominate [Yahoo! Finance]Yahoo! Finance
AXP
Earnings
- 10/20/25 - Beat
AXP
Sec Filings
- 11/17/25 - Form 8-K
- 11/4/25 - Form 4
- 11/4/25 - Form 4
- AXP's page on the SEC website