American Express Co. continued to benefit from strong spending growth in the latest quarter, with particular momentum in the travel and entertainment categories.
The card giant on Thursday morning posted first-quarter net income of $1.8 billion, or $2.40 a share, down from $2.1 billion, or $2.73 a share, in the year-earlier period. The FactSet consensus called for earnings of $2.66 a share.
Amex…
Read the full article here
