4 Reasons American Express Stock Is Having Its Worst Year Since 2015 Despite Record Earnings

23, American Express (NYSE: AXP) delivered excellent third-quarter 2026 results and raised its full-year guidance. The financial services giant is forecasting a record $18. 30 to $18. 60 in full-year earnings per share ($17. 60 to $17. 90 adjusted) and another year of 10% revenue growth. The midpoint of American Express's adjusted earnings guidance is a 15. 4% increase over 2025.