AmEx Q2 Revenue Hits $19.64B, Raises Full-Year Outlook
AXP sits 15% above its 52-week low of $288.34.
Summary
American Express delivered a strong Q2 with revenue of $19.64 billion, up 10% year-over-year, and EPS of $4.53, an 11% increase. The company also raised its full-year revenue growth guidance and its 2026 revenue growth forecast, signaling confidence in sustained momentum driven by affluent cardholders. This follows positive developments including the sale of its Global Business Travel stake and stabilizing credit metrics. The raised outlook suggests management sees continued strength in consumer and small business spending. With shares at $333, the beat and guidance lift could drive further upside.
At the time of this announcement, AXP was trading at $333.00 on NYSE in the Finance sector, with a market capitalization of approximately $232.6B. The 52-week trading range was $288.34 to $387.49. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.