AXPAmerican Express Company
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $4.68Beat
- vs $4.47 expected on Oct 23
- Stock move on it
- −3.68%
- one session
- Typical move
- ±4.0%
- average over 2 reports
- Price
- $318.15
- −1.54% today · $224B cap
Past and upcoming reports
2
| Oct 23, 2026 | Sep 30, 2026 | Time not given | $4.47 | Beat$4.68 | −3.68% |
| Jul 24, 2026 | Jun 30, 2026 | Time not given | $4.38 | Beat$4.53 | −4.30% |
After the report
Jul 24, 2026 report
This covers the Jul 24, 2026 report. The Oct 23, 2026 numbers are in the table above.
AXP beats Q2 EPS by 2.7%, but $700M TheFork deal clouds outlook
American Express reported Q2 EPS of $4.53, beating the $4.41 consensus by 2.7%. The stock initially fell on the $700M acquisition of TheFork but has since recovered +2.8% as investors weigh the deal's strategic value against potential margin dilution. The beat underscores solid underlying card spending, but the acquisition introduces execution risk.
Reported against expected
BeatBeat: reported EPS $4.53 vs estimated $4.41 (+2.7% surprise).
Guidance
Not explicitly provided. market focus shifted to TheFork acquisition announcement.
How the stock reacted
Stock fell ~4.3% on deal day (Jul 24) then rebounded +2.8% to $335.39 by Jul 27, still below pre-deal levels.
What changed
EPS beat by 2.7%, but acquisition introduces margin uncertainty.
What the price now assumes
Pricing in ~$5B market cap loss from deal risk, offset by earnings beat.
What it means for the business
Upgrade bias if TheFork integration shows margin accretion. watch Q3 guidance.
The next one to three months, as we saw it then
Better case30%
TheFork integration accelerates dining spend and cross-sell, driving revenue growth above 10% and margins stable.
Base case50%
Earnings beat sustains confidence, but acquisition overhang limits upside until integration details emerge.
Worse case20%
TheFork acquisition signals margin dilution and strategic distraction, leading to multiple compression.
If you hold it
Hold unless next-quarter revenue misses guidance materially or customer concentration risk worsens.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.