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American Express Co. Reports Advance In Q1 Bottom Line

American Express Co. (AXP) reported earnings for its first quarter that advanced from the same period last year.

The company's profit totaled $1.63 billion, or $1.86 per share. This compares with $1.25 billion, or $1.35 per share, in last year's first quarter.

Analysts had expected the company to earn $1.71 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.6% to $9.72 billion from $8.71 billion last year.

American Express Co. earnings at a glance:

-Earnings (Q1): $1.63 Bln. vs. $1.25 Bln. last year.
-EPS (Q1): $1.86 vs. $1.35 last year.
-Analysts Estimate: $1.71
-Revenue (Q1): $9.72 Bln vs. $8.71 Bln last year.

Full year EPS guidance: $6.90 - $7.30

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