AXP
FY2026 Q2 · Calendar Q3 2026
American Express Company
American Express posted Q2 2026 revenue of $19.64B (up 10% YoY), narrowly missing the $19.70B consensus, while EPS of $4.53 beat the $4.41 estimate by 2.7%. Management raised full-year revenue guidance from 9-10% to 10% and maintained the $17.30-$17.90 EPS range. The Platinum Card refresh remains the central growth engine, driving premium customer acquisition and higher fee revenue. New strategic moves include the proposed TheFork acquisition to expand the dining ecosystem, a $300 ChatGPT business statement credit, and AI deployments delivering 30-40% coding cycle-time reductions. Despite the EPS beat, shares fell 4.3% on the session before recovering 2.8% subsequently. With the stock at $335.39 and the analyst consensus target at $380.08, the market is weighing near-term headwinds from small-business co-brand portfolio sales against the raised revenue outlook.
EPS surprise+2.7%
Market move-4.3%
