JOURNAL ARTICLE

Amex Tops Estimates as Premium Card Spending Stays Strong.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Smith, Paige 3 of 3

Abstract

The article focuses on American Express Co.'s first-quarter financial performance, highlighting that the company reported earnings surpassing analyst estimates due to increased spending on its premium credit cards. Billed business rose 10% to $428 billion, exceeding expectations, and adjusted earnings per share were $4.28, above the $4.03 estimate. CEO Steve Squeri affirmed the company’s full-year guidance of 9% to 10% revenue growth and announced increased investments in marketing and technology to support long-term growth. Additionally, Amex plans to update its business credit card offerings, including the recent launch of a new Graphite business cash-back card. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:193223709
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