American Express Slips After Earnings. The Stock Is Having a Rocky Start to 2026

Dow Jones
Jan 30

Shares of American Express slipped Friday after the credit-card giant's quarterly earnings slightly missed analysts' estimates and its 2026 outlook met Wall Street's expectations.

The company posted earnings of $3.53 a share for the fourth quarter, just below analysts' consensus estimates of $3.54, according to FactSet. Net revenue totaled $18.98 billion, up 10% from last year and higher than Wall Street's call for $18.92 billion.

American Express stock was down 0.9% in premarket trading.

Shares had slumped 3.1% in 2026 as of Thursday's close. President Donald Trump's call to cap credit-card interest rates at 10% for one year haven't helped.

Looking ahead, the company expects full-year revenue growth to hold steady at 9% to 10% in 2026. It forecast per-share earnings of $17.30 to $17.90 for the year, slightly higher at the midpoint than analysts' estimate of $17.43.

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