Earnings·October 23, 2026 at 7:24 AM EDT·1 source
American Express Raises Profit Outlook on Increased Member Spending
AXP -3.7%
AXP · last 30 trading days-3.2% since the news
News
What happened
- American Express raised its full-year earnings forecast to between $18.30 and $18.60 a share.
- The company cited continued increases in customer spending.
Full-year earnings forecast
$18.30 to $18.60 a share
Why it matters
The outlook increase is relevant to financials investors and corporate-finance professionals assessing consumer spending and earnings expectations.
Read more on YouBank
The Newsroom, ranked for your desk
About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.
Timeline
- EarlierOct 20Treasuries Rise as Oil Retreats From Highest Levels in Weeks
- EarlierOct 22American Express brings Airbnb bookings and rewards to Amex Travel platform
- EarlierOct 23American Express Co.: Results of operations
- First reported by The Wall Street JournalOct 23American Express Raises Profit Outlook on Increased Member Spending
Sources (1)
- The Wall Street JournalOct 23American Express Raises Profit Outlook on Increased Member Spending
Related
- Oct 20 · Treasuries Rise as Oil Retreats From Highest Levels in Weeks
- Oct 23 · American Express is cutting 5% of its workforce
- Oct 23 · Decker Outdoor Tumbles on Guidance; Amex to Cut Workforce | Stock Movers
- Oct 23 · Futures Drop as Tech Stocks Slide, Oil Prices Climb Past $101 a Barrel
- Oct 23 · American Express Co.: Results of operations
- Oct 22 · American Express brings Airbnb bookings and rewards to Amex Travel platform
Read more on YouBank
The Newsroom, ranked for your desk
About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.
- Why it matters to youEvery story matched to your watchlist, your contacts and your pipeline.
- Follow developing storiesAn alert, and a push, the moment a story you follow moves.
- Your briefing, read aloudA few minutes each morning with a chapter per story.
- Brief modeSwipe through the day, a 20-second card each.