American Express falls after Q3 results

By Reuters News

** Card giant American Express' AXP.N shares fall 1.2% to $321.22 premarket

** AXP raised its profit forecast for 2026 after reporting strong Q3 results as affluent customers swiped their cards to pay for travel, dining out and shopping

** "The headline is good - Amex beats on earnings and raises full-year guidance. The details are more mixed. The guidance is moving up with the 3Q actual rather than implying 4Q upside," Truist analysts said

** 17 of 32 brokerages rate the stock "buy" or higher and 15 "hold"; median PT $375 - data compiled by LSEG

** As of last close, AXP down 12.1% YTD

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