Adjusted for foreign currency translations, consolidated total revenues net of interest expense rose 7 percent from a year ago. 2Consolidated provisions for losses totaled $492 million, up 3 percent from $479 million a year ago. This increase reflects lower reserve releases from a year ago, partially offset by the benefit of lower net write-offs in the current quarter. Credit indicators continued to be at historically strong levels.
American Express Third Quarter EPS Up 15% To $1.25; Revenues, Card Member Spending And Loans Continue To Grow
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