Stock AnalizAmerican Express (AXP) earnings for the quarter ended September 2026: EPS beats estimates
American Express reported results for the quarter ended September 2026 on October 23, 2026. Adjusted earnings per share came in at $5.42 against the analysts’ average forecast of $4.50, a beat of 20.4%.
Revenue for the quarter was $6.86 billion, up 3.6% from $6.62 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 3.7% on the first trading day after the report.
The last four quarters
American Express has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $5.42 | $4.50 | +20.4% | +4% | −3.7% |
| Jun 2026 | $4.53 | $4.40 | +2.8% | +5% | −1.6% |
| Mar 2026 | $4.28 | $3.99 | +7.2% | +9% | −5.7% |
| Dec 2025 | $3.53 | $3.53 | −0.1% | +8% | −1.8% |
What comes next
Analysts expect EPS of $4.29 for the next quarter on average and $18.39 for the fiscal year ending December 31, 2026.
The average analyst price target is $364.79, 14% above the current price of $320.60.
Valuation and score
American Express scores 3.2 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 18.1, and its intrinsic value under moderate assumptions is about 44% above the current market value. Full American Express analysis with 10 years of financials
Frequently asked questions
What was American Express’s EPS for the quarter ended September 2026?
$5.42 adjusted per share, against an analyst consensus of $4.50.
How much revenue did American Express report?
$6.86 billion, up 3.6% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.