American Express Beats Q2 Estimates with Strong Earnings and Revenue Growth
American Express Co., reported its second-quarter earnings for fiscal 2026 on July 24, beating estimates. The company's net income per share came in at $4.53, surpassing the predicted $4.41 estimate.
The revenue reached $19.64 billion, a 10% increase from the same quarter last year. The net margin was 15.07%, and return on equity stood at 34.12%. These figures indicate a profitable quarter for American Express Co.
The company maintained its full-year EPS guidance of $17.30-$17.90, with current market expectations sitting at $17.67, within the provided range. This suggests that much of the story for 2026 is already reflected in the stock price.
Despite the strong earnings report, American Express Co.'s share price has declined by 2.57% since August 20 to $331.15. The company's market capitalization stands at $229.54 billion, making it a large-cap stock even after the recent pullback.