AmEx soars most since 2020 after card spending hits record

Revenue will climb as much as 20% this year while earnings could reach $9.25 to $9.65 a share, the company said in a statement Tuesday. AmEx has long said 2022 would be the year it reaches goals originally set two years ago, before the pandemic took hold. But the new targets far surpass even those goals, which predicted revenue growth in the range of 8% to 10% and per-share profit of $8.85 to $9.25.

from Economic Times https://ift.tt/3G4YwMT