American express reports first-quarter revenue of $9.1 billion and earnings per share of $2.74

New york--(business wire)--american express company (nyse: axp) today reported first-quarter net income of $2.2 billion, or $2.74 per share, compared with net income of $367 million, or $0.41 per share, a year ago. the results reflected the impact of $1.05 billion ($802 million after tax) in credit reserve releases2, primarily driven by continued improvements in the macroeconomic outlook and strong credit performance. (millions, except percentages and per share amounts)   quarters ended march 3
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