More on American Express (AXP): Q4 EPS and revenues come in line with Street estimates on a 5%...

|About: American Express Company (AXP)|By:, SA News Editor

More on American Express (AXP): Q4 EPS and revenues come in line with Street estimates on a 5% Y/Y increase in total sales. Loan loss provisions continued to increase during the quarter, rising to $638M and up 56% from a year earlier. The company cites a larger reserve release a year earlier. Credit quality remains strong, but cautions provision may rise as loan growth gathers steam. Shares +0.4% AH.