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American Express reported a year-on-year growth with revenues rising nine percent compare to 2016.

In particular, the company’s net income saw 19 percent growth while diluted earning per share (EPS) grew 25 percent compared to 2016.

Commenting on the positive figures, Kenneth Chenault, CEO, American Express, explained, “We are completing a two-year turnaround ahead of plan with strong revenue and earnings growth across all of our business segments […].We are starting a new chapter from a position of strength. Based on the momentum in the business, we now expect full year 2017 EPS of USD5.80 to USD5.90. That is up from our earlier outlook of USD5.60 to USD5.80.”