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American Express Profit Tops Estimates on Strong Travel, Entertainment Spending

Jumat, 22 April 2022 | 18:44 WIB
American Express Profit Tops Estimates on Strong Travel, Entertainment Spending

ILUSTRASI. AmEx profit driven by strong spending from its card holders globally as consumer appetite for travel and entertainment reached pre-pandemic levels. REUTERS/Kai Pfaffenbach/Illustration/Files

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - American Express Co (AmEx) beat Wall Street estimates for first-quarter profit on Friday. Driven by strong spending from its card holders globally as consumer appetite for travel and entertainment reached pre-pandemic levels.

With pandemic restrictions easing and Covid-19 retreating from its peak levels, consumer spending in the United States has been rising for months as Americans make up for lost time traveling, shopping and dining out.


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