American Express (NYSE:AXP) Releases FY 2026 Earnings Guidance

24 Oct 2026, 08:57 by Jessica Moore · The Cerbat Gem

American Express (NYSE:AXP – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 17.600-17.900 for the period, compared to the consensus estimate of 17.640. The company issued revenue guidance of $79.5 billion, compared to the consensus revenue estimate of $79.5 billion.

American Express Price Performance

Shares of AXP opened at $313.10 on Friday. The business’s 50-day moving average is $318.84 and its two-hundred day moving average is $325.94. The company has a market capitalization of $211.44 billion, a P/E ratio of 19.00, a P/E/G ratio of 1.38 and a beta of 1.08. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.54 and a current ratio of 1.55. American Express has a fifty-two week low of $290.97 and a fifty-two week high of $387.49.

American Express (NYSE:AXP – Get Free Report) last issued its quarterly earnings data on Friday, October 23rd. The payment services company reported $4.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.50 by $0.18. American Express had a return on equity of 34.12% and a net margin of 15.07%. The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $20.12 billion. During the same quarter in the previous year, the firm posted $4.14 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.600-17.900 EPS. Research analysts predict that American Express will post 17.65 earnings per share for the current year.

American Express Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s dividend payout ratio (DPR) is currently 23.06%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Benchmark assumed coverage on American Express in a report on Monday, July 13th. They issued a “buy” rating for the company. JPMorgan Chase & Co. dropped their price objective on shares of American Express from $400.00 to $360.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. BMO Capital Markets began coverage on shares of American Express in a research note on Thursday, October 8th. They set an “outperform” rating and a $380.00 price objective on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $330.00 target price on shares of American Express in a report on Friday. Finally, Truist Financial decreased their target price on shares of American Express from $375.00 to $370.00 and set a “buy” rating for the company in a research note on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $364.89.

Check Out Our Latest Analysis on American Express

American Express News Summary

Here are the key news stories impacting American Express this week:

Positive Sentiment: Strong third-quarter results: American Express reported adjusted EPS of $4.68, above the $4.50 consensus estimate, while revenue rose 8.9% year over year to approximately $20.1 billion. Billed business increased 8% to $454 billion, supported by higher card spending, fees and interest income. American Express Q3 Earnings Beat Estimates on Strong Card Fees
Positive Sentiment: Profit outlook increased: Management raised its 2026 adjusted EPS forecast to $17.60–$17.90, while reported coverage cited GAAP EPS guidance of $18.30–$18.60. Lower credit-loss provisions and continued spending by affluent customers supported the improved outlook. American Express raises 2026 profit forecast as affluent customers keep spending
Positive Sentiment: Customer engagement initiatives: American Express is expanding its travel ecosystem by adding Airbnb listings and rewards to Amex Travel, potentially strengthening premium-card retention and spending. American Express brings Airbnb bookings and rewards to Amex Travel platform
Neutral Sentiment: Premium-card benefit changes: Updates to the Platinum Card’s hotel and airport perks, including a revised $600 hotel credit beginning in 2027, could improve the value proposition for some members but may also introduce additional restrictions. Amex Platinum benefits updates
Negative Sentiment: AI-related layoffs overshadowed the earnings beat: American Express plans to eliminate about 5% of its global workforce—roughly 3,500 to 4,000 positions—and will record a $336 million restructuring charge. Investors may view the move as evidence of rising costs and execution risk, even though it could generate longer-term efficiency gains. American Express is cutting 5% of its workforce
Negative Sentiment: Revenue and network-volume performance were only broadly in line with expectations: This limited the positive impact of the earnings and guidance improvements, particularly amid a broader market decline and investor concerns about consumer resilience outside American Express’s affluent customer base. American Express Q3 earnings beat as network volume disappoints

About American Express

(Get Free Report)

American Express Company is a global financial services company that provides payment, lending, travel and expense management products and services. Its offerings include consumer and small-business charge and credit cards, corporate payment programs, business financing solutions, deposit products and digital payment services.