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American Express Stock Continues to Soar Above $340 Amid Strong Earnings

Guavy AI Editorial Team
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AXP
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American Express stock is holding strong above $340 in mid-August 2026, buoyed by its recent earnings beat and double-digit revenue growth for the latest quarter.

The company's ability to convert strong cardmember spending into bottom-line gains was evident in its second-quarter earnings of $4.53 per share, surpassing the $4.41 consensus estimate.

This represents an 11% increase from the prior-year quarter's EPS of $4.08, alongside a 10% year-over-year revenue growth to $14.99 billion.

The company has reaffirmed its fiscal 2026 EPS guidance range at $17.30 to $17.90, with analysts expecting American Express to post full-year EPS of 17.67 for 2026, slightly above the midpoint of management's guidance.

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