American Express posts Q3 earnings beat and lifts full‑year EPS outlook
American Express reported third‑quarter 2026 revenue of about $20.1 billion, a 9% year‑over‑year increase, and GAAP diluted earnings per share of $5.42, up 31% from the prior year. Net income rose to $3.7 billion. The company raised its full‑year 2026 GAAP 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 EPS guidance signals stronger profit expectations for the year, which could support the stock price (the company expects $18.30‑$18.60 per share versus prior $17.30‑$17.90). The earnings beat and guidance lift also improve the outlook for investors relying on American Express’s earnings forecasts (the company said the raise reflects confidence in its business).
Key facts
- 1Q3 2026 total revenues net of interest expense were $20.1 billion, up 9% YoY. quiverquant.com
- 2GAAP diluted EPS for Q3 2026 was $5.42, a 31% increase from $4.14 a year earlier. quiverquant.com
- 3Net income for the quarter 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 fell to $1.0 billion from $1.3 billion a year earlier. quiverquant.com
- 6Third‑quarter billed business totaled $454.0 billion, up 8% on an FX‑adjusted basis. quiverquant.com
Summary written by AlphAI AI Desk from 20 of 71 sources. Not investment advice. Figures are as stated by the linked sources.