American Express Company (NYSE:AXP, ETR:AEC1) (AmEx) on Friday announced third-quarter 2025 earnings that exceeded Wall Street expectations, boosted by company's Platinum Card relaunch.
The global payments company posted a profit for the quarter of $4.14 per share, surpassing the $4 per share consensus forecast, according to estimates compiled by LSEG.
AmEx also saw its revenue for the period rise 11% year over year to a record $18.4 billion, edging past the $18.1 billion consensus estimate.
As well, the company said it now expects 2025 earnings per share of between $15.20 and $15.50, compared with its previous expectations of $15 to $15.50.
AmEx also anticipates its revenue for the year to grow between 9% and 10%, up from 8% to 10% growth previously.
"Card Member spend growth accelerated to 8% on a foreign exchange-adjusted basis, and our credit metrics remained best-in-class," American Express CEO Stephen Squeri said in a statement.
"The initial customer demand and engagement exceeded our expectations, with new US Platinum account acquisitions doubling compared to pre-refresh levels."
American Express shares rose 1.4% in pre-market trading on Friday.