NYSE$AXP
American Express CO · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
American Express reported a second-quarter revenue of $7.7 billion and earnings per share of $0.29, significantly affected by the impacts of COVID-19.
American Express reported a net income of $257 million, or $0.29 per share, compared to $1.8 billion, or $2.07 per share, a year ago. The results were significantly affected by the impacts of COVID-19, with spending volumes declining to their lowest point in April but gradually improving in May and June.
- Second-quarter results were significantly affected by the impacts of COVID-19.
- Spending volumes declined to their lowest point in April but gradually improved in May and June.
- The company enhanced value propositions on card products, adjusting rewards programs and adding limited time offers.
- American Express launched its largest-ever Shop Small campaign, committing more than $200 million to help jumpstart spending at small merchants.
Headline financials
Revenue & EPS history
American Express · Revenue · Quarterly
$7.68B
Revenue by segment
American Express · $13.5B total across 3 segments · Q3 2023
- U.S. Consumer$7.2B+16.1%53.3%
- Commercial$3.7B+5.7%27.4%
- International Cards$2.6B+13.0%19.3%
Forward guidance
American Express will continue to focus on backing customers, colleagues and communities, while managing expenses prudently, and making strategic investments to drive growth over the long term.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.1%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+3.3%
Avg return
30 days after
45%
33 / 73 earnings
Positive
+11.2%
Q3 2016
Best reaction
-12.6%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.8% | -5.1% | -6.3% | |
| Q4 2025 | -1.1% | -1.3% | -13.8% | |
| Q3 2025 | +7.2% | +8.9% | +10.5% | |
| Q2 2025 | +0.3% | -0.3% | +6.0% | |
| Q1 2025 | -0.6% | -0.2% | +18.5% | |
| Q4 2024 | -1.4% | -3.3% | -9.4% | |
| Q3 2024 | -5.3% | -5.1% | +0.4% | |
| Q2 2024 | -1.8% | -3.3% | +1.0% | |
| Q1 2024 | +7.1% | +9.9% | +11.6% | |
| Q4 2023 | +6.8% | +6.7% | +14.1% | |
| Q3 2023 | -3.4% | -4.1% | +8.6% | |
| Q2 2023 | -5.3% | -5.3% | -9.5% | |
| Q1 2023 | -0.7% | -5.4% | -7.3% | |
| Q4 2022 | +10.8% | +11.4% | +11.8% | |
| Q3 2022 | -0.6% | +3.1% | +7.1% | |
| Q2 2022 | +2.4% | +1.0% | +8.0% | |
| Q1 2022 | -0.9% | -4.4% | -17.5% | |
| Q4 2021 | +10.3% | +11.4% | +18.5% | |
| Q3 2021 | +2.7% | +0.3% | -2.2% | |
| Q2 2021 | +1.0% | -0.5% | -6.5% | |
| Q1 2021 | +2.2% | +3.7% | +6.6% | |
| Q4 2020 | -5.8% | -4.0% | +13.1% | |
| Q3 2020 | -7.5% | -12.6% | +7.4% | |
| Q2 2020 | -0.9% | +0.0% | -0.5% | |
| Q1 2020 | +3.2% | +16.6% | +8.3% | |
| Q4 2019 | -0.6% | +0.2% | +2.7% | |
| Q3 2019 | -0.0% | -2.2% | +1.4% | |
| Q2 2019 | -1.9% | -0.4% | -2.9% | |
| Q1 2019 | +0.5% | +2.0% | +6.5% | |
| Q4 2018 | +1.1% | +0.4% | +8.0% | |
| Q3 2018 | +2.3% | +0.0% | +4.9% | |
| Q2 2018 | -1.0% | +0.1% | +1.9% | |
| Q1 2018 | +9.1% | +7.2% | +7.6% | |
| Q4 2017 | -2.7% | -2.8% | -3.9% | |
| Q3 2017 | +0.2% | +0.8% | +2.2% | |
| Q2 2017 | -0.2% | -0.6% | -0.2% | |
| Q1 2017 | +5.6% | +6.1% | +1.3% | |
| Q4 2016 | -1.7% | -0.1% | +2.9% | |
| Q3 2016 | +11.2% | +11.7% | +18.2% | |
| Q2 2016 | -1.1% | +0.3% | +2.1% | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -12.6% | — | — | |
| Q3 2015 | -5.8% | — | — | |
| Q2 2015 | -2.5% | — | — | |
| Q1 2015 | -3.0% | — | — | |
| Q4 2014 | -3.3% | — | — | |
| Q3 2014 | -3.0% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | +3.1% | — | — | |
| Q3 2013 | +6.6% | — | — | |
| Q2 2013 | -5.4% | — | — | |
| Q1 2013 | +0.7% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | -1.7% | — | — | |
| Q2 2012 | -4.2% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q3 2011 | +5.5% | — | — | |
| Q2 2011 | -3.5% | — | — | |
| Q1 2011 | -1.2% | — | — | |
| Q4 2010 | -0.9% | — | — | |
| Q3 2010 | +3.2% | — | — | |
| Q2 2010 | -1.4% | — | — | |
| Q1 2009 | -7.3% | — | — | |
| Q1 2010 | +1.0% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q3 2009 | -2.1% | — | — | |
| Q3 2008 | -2.1% | — | — | |
| Q4 2007 | +1.5% | — | — | |
| Q2 2008 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — | |
| Q4 2008 | +1.5% | — | — |
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