American express reports second-quarter revenue of $10.2 billion and earnings per share of $2.80

New york--(business wire)--american express company (nyse: axp) today reported second-quarter net income of $2.3 billion, or $2.80 per share, compared with net income of $257 million, or $0.29 per share, a year ago. the results reflected the impact of $866 million ($658 million after tax) in credit reserve releases2, primarily driven by the company's strong credit performance and continued improvements in the macroeconomic outlook. (millions, except percentages and per share amounts) quarters e
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