American Express posted quarterly earnings that easily topped Wall Street's expectations but revenue that fell short of projections on Wednesday, as expense control helped overcome a stronger U.S. dollar's drag on international sales.
The financial services company reported second-quarter profit of $1.42 per share on $8.28 billion in revenue. Earnings fell 1 percent from the year-earlier period, while sales dipped 4 percent.
Analysts expected AmEx to report earnings of $1.32 a share on $8.46 billion in revenue, according to a consensus estimate from Thomson Reuters. Shares slipped more than 1 percent in extended trading.