American Express Stock Holds Firm Above $340 as Q2 Earnings Exceed Expectations

American Express stock traded in the low-$340s after investors digested the company's latest quarterly numbers and raised full-year earnings guidance.

The company delivered Q2 2026 earnings that beat consensus expectations, driven by solid cardmember spending and disciplined cost control. American Express generated revenue of $14.99 billion, a 10% year-over-year increase, and reported EPS of $4.53, above analyst estimates of $4.41.

The company has set its fiscal 2026 earnings-per-share guidance to a range of $17.30 to $17.90, signaling confidence in continued growth in card spending and stable credit performance. Analysts expect American Express to post EPS of 17.67 for the current year, placing consensus roughly in the middle of the company's own guidance range.

The shares were slightly lower at the close, reflecting a modest decline of 0.06% for the session. The company's ability to maintain strong net margin and return on equity metrics reflects, in part, the economics of its premium offerings.