American Express Company (NYSE: AXP) today reported third-quarter income from continuing operations of $861 million, down 23
percent from $1.1 billion a year ago. Diluted earnings per share from continuing operations were $0.74, down 21 percent from $0.94 a year
ago.
                                              (Millions, except per share amounts)
                                                                                                                   
                                          Quarters Ended            Percentage           Nine Months Ended           Percentage
                                           September 30,            Inc/(Dec)              September 30,             Inc/(Dec)
                                       2008            2007                            2008             2007
 Revenues net of interest           $  7,164        $  6,956           3  %        $  21,859        $  20,235           8  %
 expense
                                                                                                                               
 Income From Continuing             $    861        $  1,122         (23  )%       $   2,565        $   3,268         (22  )%
 Operations
 Loss From Discontinued             $    (46  )     $    (55  )      (16  )%       $    (106  )     $     (87  )       22  %
 Operations
 Net Income                         $    815        $  1,067         (24  )%       $   2,459        $   3,181         (23  )%
                                                                                                                               
 Earnings Per Common Share -
 Basic:
 Income From Continuing             $   0.75        $   0.96         (22  )%       $    2.22        $    2.77         (20  )%
 Operations
 Loss From Discontinued             $  (0.04  )     $  (0.05  )      (20  )%       $   (0.09  )     $   (0.07  )       29  %
 Operations
 Net Income                         $   0.71        $   0.91         (22  )%       $    2.13        $    2.70         (21  )%
                                                                                                                               
 Earnings Per Common
 Share-Diluted:
 Income From Continuing             $   0.74        $   0.94         (21  )%       $    2.21        $    2.72         (19  )%
 Operations
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