AmEx Raises 2026 Profit Forecast on Travel Spending
American Express raised its full-year profit forecast above Wall Street estimates after reporting a strong third quarter. Strong travel and entertainment spending drove revenue higher. Billed business rose eight percent to four hundred fifty-four billion dollars.
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American Express Co raised its full-year 2026 profit outlook on Friday after reporting third-quarter results driven by strong travel spending. The credit card giant topped Wall Street estimates with an adjusted profit of $4.68 per share for the period ending September 30. That performance outpaced consensus projections of $4.48 per share, supported by robust demand among affluent cardholders.
