These Analysts Cut Their Forecasts On American Express Following Q2 Earnings

American Express Co (NYSE: AXP ) on Friday reported mixed second-quarter financial results and narrowed its FY26 sales guidance slightly below estimates. American Express reported quarterly earnings of $4.53 per share which beat the analyst consensus estimate of $4.40 per share. The company reported quarterly sales of $19.637 billion which missed the analyst consensus estimate of $19.694 billion. American Express narrowed its full-year revenue outlook to $79.45 billion, representing about 10% year-over-year growth, from a prior range of $78.73 billion to $79.45 billion. The updated outlook is slightly below the analyst consensus estimate of $79.49 billion. The company reaffirmed its full-year earnings guidance of $17.30 to $17.90 per share, compared with the analyst consensus estimate of $17.64. American Express shares gained 2.7% to trade at $335.15 on Monday. These analysts made cha...