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American Express Co. Q1 adjusted earnings of $1.98 per share

American Express Co. (AXP) revealed earnings for first quarter that dropped from last year.

The company's earnings came in at $0.37 billion, or $0.41 per share. This compares with $1.55 billion, or $1.80 per share, in last year's first quarter.

The company's revenue for the quarter fell 0.5% to $10.31 billion from $10.36 billion last year.

American Express Co. earnings at a glance:

-Revenue (Q1): $10.31 Bln vs. $10.36 Bln last year.

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