07:30 AM EDT, 07/19/2024 (MT Newswires) -- American Express ( AXP ) reported Q2 adjusted earnings Friday of $3.49 per diluted share, up from $2.89 a year earlier.

Analysts surveyed by CapIQ expected $3.26.

Revenue for the quarter ended June 30 was $16.33 billion, compared with $15.05 billion a year earlier.

Analysts polled by CapIQ expected $16.60 billion.

American Express ( AXP ) said it now expects full-year EPS of $13.30 to $13.80, up from the previous range of $12.65 to $13.15. Analysts surveyed by CapIQ are expecting GAAP earnings of $12.92.

The company maintained its revenue growth outlook of 9% to 11%.

American Express ( AXP ) shares were down 2% in recent premarket activity.

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