American Express Second Quarter EPS From Continuing Operations Up 7% To $1.15
American Express Company (NYSE: AXP) today reported second-quarter income from continuing operations of $1.3 billion, up 3 percent from a year ago. Diluted earnings per share from continuing operations was $1.15, up 7 percent from $1.07 a year ago.
| (Millions, except per share amounts) | ||||||||||||||||||
| Quarters Ended June 30, | Percentage Inc/(Dec) | Six Months Ended June 30, | Percentage Inc/(Dec) | |||||||||||||||
| 2012 | 2011 | 2012 | 2011 | |||||||||||||||
| Total Revenues Net of Interest Expense | $ | 7,965 | $ | 7,618 | 5 | % | $ | 15,579 | $ | 14,649 | 6 | % | ||||||
| Income From Continuing Operations | $ | 1,339 | $ | 1,295 | 3 | % | $ | 2,595 | $ | 2,472 | 5 | % | ||||||
| Income From Discontinued Operations 1 | $ | - | $ | 36 | # | % | $ | - | $ | 36 | # | % | ||||||
| Net Income | $ | 1,339 | $ | 1,331 | 1 | % | $ | 2,595 | $ | 2,508 | 3 | % | ||||||
| Earnings Per Common Share – Diluted: | ||||||||||||||||||
| Income From Continuing Operations Attributable to Common Shareholders 2 | $ | 1.15 | $ | 1.07 | 7 | % | $ | 2.22 | $ | 2.04 | 9 | % | ||||||
| Income From Discontinued Operations 1 | $ | - | $ | 0.03 | # | % | $ | - | $ | 0.03 | # | % | ||||||
| Net Income Attributable to Common Shareholders 2 | $ | 1.15 | $ | 1.10 | 5 | % | $ | 2.22 | $ | 2.07 | 7 | % | ||||||
| Average Diluted Common Shares Outstanding | 1,152 | 1,197 | (4 | )% | 1,158 | 1,197 | (3 | )% | ||||||||||
| Return on Average Equity | 26.6 | % | 28.2 | % | 26.6 | % | 28.2 | % | ||||||||||
# Denotes a variance of more than 100 percent
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
