American Express Q2 Total Network Volumes of $426.6B (+8% Y/Y), and $398.9B in Q1
Portfolio Pulse from Benzinga Newsdesk
American Express reported Q2 total network volumes of $426.6B, an increase of 8% year-over-year, up from $398.9B in Q1.
July 21, 2023 | 11:01 am
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POSITIVE IMPACT
American Express' Q2 total network volumes increased by 8% year-over-year, indicating a positive growth trend.
The increase in total network volumes for American Express indicates a positive growth trend, which could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100