American Express Revenue Report Surpassed Forecasts

American Express revenue report surpassed forecasts. The company announced its first quarter earnings report.

American Express, in its revenue report published for the first quarter, noted that its revenue was above analysts' estimates and that forecasts were low. The company said its total revenue was $ 9.06B, with revenue of $ 2.74 per share. During the year, American Express shares rose 21 percent. The Dow Jones index, in which the stock is traded, rose 10 percent.

American Express Tracks Other Major Revenue Reports

On April 14, JPMorgan announced total revenue of $ 33.12B, with revenue of $ 4.5 per share in the first quarter. Analysts had hoped that with a revenue of $ 3.1 per share, total revenue would be $ 30.49B. On April 15, UnitedHealth's revenue exceeded analyst estimates, and the company had a total revenue of $ 70.2B, with revenue of $ 5.31 per share in the first quarter. Investing.com analysts estimated it to generate a total revenue of $ 69.07B, with revenue of $ 4.39 per share.     Source: Investing.com