American Express posts Q3 2026 earnings beat and lifts full‑year EPS outlook
+1 new source since this summary was written
American Express reported third‑quarter 2026 revenue of about $20.1 billion, up 9% year‑over‑year, and GAAP diluted EPS of $5.42, a 31% increase. Net income rose 28% to $3.7 billion. The company raised its full‑year 2026 EPS guidance to a range of $18.30‑$18.60, up from $17.30‑$17.90, citing strong billings and lower credit‑loss provisions.
Why it matters
The higher guidance signals stronger profitability for the rest of the year, which may support a higher valuation for AXP shareholders (the company raised its EPS outlook, per the earnings release). The earnings beat also confirms the effectiveness of recent growth initiatives.
Key facts
- 1Q3 2026 total revenues net of interest expense were $20.1 billion, up 9% from a year earlier. quiverquant.com
- 2GAAP diluted earnings per share rose 31% to $5.42. quiverquant.com
- 3GAAP net income was $3.7 billion, compared with $2.9 billion a year earlier. quiverquant.com
- 4Full‑year 2026 GAAP diluted EPS guidance was raised to $18.30‑$18.60 per share. quiverquant.com
- 5Provisions for credit losses were $1.0 billion, down from $1.3 billion a year earlier. quiverquant.com
- 6Billed business totaled $454.0 billion, up 8% on an FX‑adjusted basis. quiverquant.com
Summary written by AlphAI AI Desk from 20 of 43 sources. Not investment advice. Figures are as stated by the linked sources.