Amex Beats Earnings Estimates, Raises Guidance Amid Strong Revenue Growth
American Express stock continues to perform well despite market conditions, thanks in part to its recent earnings beat and upgraded expectations for 2026 earnings per share.
The company reported a quarterly EPS of $4.53, surpassing the consensus estimate of $4.41, indicating effective cost control and robust spending by cardholders.
Revenue reached $19.64 billion, a 10 percent year-over-year increase, signaling continued expansion in the top line despite a mature global payments market.
American Express reaffirmed its fiscal 2026 guidance for EPS, setting a range of $17.30 to $17.90, which implies that management expects current growth trends to continue through the rest of the year.