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American Express shares slip despite earnings beat as revenue falls short of forecasts
InvestorsHub12d agobearish
American Express shares slip despite earnings beat as revenue falls short of forecasts

American Express (NYSE:AXP) shares declined more than 2% in premarket trading on Friday after the financial services company reported second-quarter earnings that exceeded analyst expectations, while revenue came in slightly below market forecasts. Although the company delivered higher profits and raised its full-year revenue growth outlook, investors focused on the modest revenue miss following the quarterly release.

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