American Express raised its full-year 2026 revenue growth guidance to 10% after a stronger-than-expected first half. The company reported second-quarter earnings per share of $4.53, beating the consensus estimate of $4.40, while revenue net of interest expense rose 10% to $19.64 billion, slightly below analyst expectations of $19.69 billion. Net income increased 8% to $3.11 billion, and total billed business grew 9% to $455.8 billion. For the first six months of 2026, revenue climbed 11% to $38.54 billion and earnings per share reached $8.81. CEO Stephen Squeri said the company plans to reinvest the outperformance into growth initiatives, citing accelerating spend, growth in the US Consumer Platinum portfolio, and strong customer acquisition among Millennials and Gen Z consumers.
American Express CompanyRaised full-year revenue growth guidance to 10% and beat Q2 earnings estimates.