Yahoo Finance
Some stock drops look like bad news on the surface.
Some are, yes, but some also tell a completely different story underneath.
And I think American Express (AXP) investors have been handed the latter.
The payments giant beat earnings expectations, raised its full-year revenue guidance, and reported its strongest card member spending growth in three years.
This kind of reaction can frustrate shareholders and even confuse casual observers.
But for "Mad Money" host Jim Cramer, it's a pattern he's seen before, and one he thinks is creating a clear opening.
I think it's a terrific opportunity in one of the best-run companies on earth.
American Express CEO Steve Squeri echoed that confidence in the company'sQ2 2026 earningsstatement, noting: "Six months into the year, we're seeing stronger momentum than we expected." Also Read: History of American Express: Company timeline & facts Cramer's argument comes down to a single distinction.
And it is one the market appears to have missed.
American Express beat earnings expectations in Q2 2026 and raised its full-year revenue growth guidance to approximately 10%, according to a companystatement.
Earnings per share (EPS) came in at $4.53, up 11% year-over-year (YoY).
Net income reached $3.11 billion, up 8% from the same period a year earlier.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment