UPDATE 2-AmEx revenue misses on strong dollar, loss of co-branded tie-ups

Thu Apr 16, 2015 6:20pm EDT
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* Total revenue, net of interest expense, down 2.7 pct

* International revenue, net of interest expense, falls 8 pct

* Shares down 1.4 pct after the bell (Adds details, comments from conference call)

By Avik Das

April 16 (Reuters) - American Express Co, the world's largest credit card issuer, reported quarterly revenue that fell short of analysts' estimates, hurt by a stronger dollar and the loss of several co-branded tie-ups.

AmEx's shares fell 1.4 percent to $79.80 after the bell on Thursday.

Revenue from international operations, net of interest expense, fell 8 percent to $1.24 billion in the quarter ended March 31, accounting for about 16 percent of AmEx's total revenue.

The dollar, which has gained about 22 percent in the past 12 months against a basket of major currencies, has been a spot of bother for U.S. multinational companies.

Total revenue, net of interest expense, fell 2.7 percent to $7.95 billion. Analysts had estimated revenue of $8.20 billion, according to Thomson Reuters I/B/E/S.   Continued...