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American Express Beats Q1 Forecast, Revenue Up 10%

4/23/2026

50 7 Full Breakdown

Summary

Story summary

American Express reported Q1 profit of $4.28 per share, beating the $4.02 estimate.
Revenue and billed business rose 10% to $18.9 billion and 9% to $428 billion, respectively.
Airline spending increased 8% despite disruptions from the Iran-related conflict.
The company set aside $1.3 billion for credit-loss provisions, up from $1.2 billion, and reaffirmed its 2026 outlook of 9%-10% revenue growth and earnings of $17.30-$17.90 per share.

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Story summary

American Express reported Q1 profit of $4.28 per share, beating the $4.02 estimate.
Revenue and billed business rose 10% to $18.9 billion and 9% to $428 billion, respectively.
Airline spending increased 8% despite disruptions from the Iran-related conflict.
The company set aside $1.3 billion for credit-loss provisions, up from $1.2 billion, and reaffirmed its 2026 outlook of 9%-10% revenue growth and earnings of $17.30-$17.90 per share.