Cramer: American Express stock dip after earnings is an opportunity

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  • CNBC Television published this video item, entitled “Cramer: American Express stock dip after earnings is an opportunity” – below is their description.

    American Express reported first-quarter profit of $2.74 per share, beating the consensus estimate of $1.61 a share. The financial services company’s revenue came in slightly short of forecasts. The bottom line was helped by $1.05 billion in credit reserve releases as the macroeconomic environment improved. Shares fell 2.2% in premarket trading. CNBC’s Jim Cramer and David Faber discuss the results.

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