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American Express Q2 EPS beats estimates as cardmember spending lifts profits despite revenue miss

Company Fundamentals
24 Jul 2026
Tony Dante
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Bullish
pluang ai news

American Express reported Q2 earnings per share of $4.53, surpassing analyst expectations of $4.41. While revenue came in at $15 billion, below the estimated $19.7 billion, increased cardmember spending by 9% drove overall sales and profit growth. This strong consumer spending, especially among affluent customers on travel and dining, led the company to raise its full-year revenue growth forecast. Financially, American Express remains solid with a low debt-to-equity ratio and strong liquidity, signaling stability amid growth.

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