Record Q3 Earnings Propel American Express Shares Up by 6%
American Express shares leaped by 6.3% on October 17, 2025, in the wake of the company’s announcement of third-quarter results that exceeded expectations. The financial services behemoth reported earnings of $4.14 per share, outstripping analyst estimates of $4.00, with revenue hitting a record $18.43 billion—an 11.8% increase year-over-year.
The impressive performance was fueled by robust customer spending, with total transaction volumes swelling by 8.7% to reach $479.2 billion. Card member spending, also known as “Billed Business,” climbed 9% year-over-year to $421.0 billion, with retail spending showing particular strength. The successful launch of the revamped U.S. Consumer and Business Platinum Cards led to a doubling of new account acquisitions compared to pre-launch levels.
CEO Stephen Squeri underscored the company’s “unmatched global premium customer base,” as the company revised its full-year 2025 revenue outlook upwards to $71.88-$72.54 billion and increased EPS guidance to $15.20-$15.50. Net card fees soared 18% year-over-year to $2.55 billion, reflecting the strength of the company’s premium card portfolio.
Source: Yahoo Finance