American Express is trading 3.8% down at $327.99 as investors react to a conservative full-year outlook that overshadowed a solid second-quarter earnings beat.
- The company reported Q2 revenue growth of 10% to $19.6 billion and EPS growth of 11% to $4.53.
- Management raised full-year revenue guidance to 10% but only reaffirmed its EPS outlook, prompting profit-taking after a period of strong stock performance.