American Express (AXP) is scheduled to report Q3 2026 results on October 23, with analyst consensus revenue estimates clustered around $20.3–21.3 billion, reflecting sequential growth from the $19.64 billion posted in Q2. Total revenue net of interest expense is primarily driven by billed business volumes, cardmember spending trends, non-interest fee income, and net interest margins on revolving balances, which benefited from stable consumer credit demand and elevated interest rates in recent quarters. Q2 results showed 10% year-over-year revenue growth alongside an EPS beat, supported by 9% billed business expansion and lower credit provisions. Key swing factors for the upcoming print include holiday spending momentum, delinquency trends, and any revisions to full-year guidance on operating expenses or share buybacks, with the stock trading near $310 reflecting market-implied expectations of continued mid-single-digit top-line expansion.