Reuters |
AmEx profit misses estimates on higher marketing spend
Reuters N) posted a lower-than-expected quarterly profit on Thursday as the credit card issuer boosted spending on marketing and promotion to fend off rising competition. The company said it now expects full-year 2017 earnings to be between $5.60-$5.80 per share. AmEx Profit Lags Estimates as Chenault Invests 35% More in Marketing |
January 19, 2017 at 06:33PM | marketing - Google News
AmEx profit misses estimates on higher marketing spend - Reuters
marketing - Google News
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