Last Updated: Oct. 17, 2025 at 7:52 a.m. ET
First Published: Oct. 17, 2025 at 7:43 a.m. ET
American Express Co. beat third-quarter earnings expectations and raised its full-year outlook on Friday, as the payments and premium lifestyle company’s card members spent more money and more often, particularly for premium services.
And while some may have been concerned about how members would react to the big jump in the annual fee for its revamped Platinum card, Chief Executive Stephen Squeri said demand exceeded expectations, “with new U.S. Platinum account acquisitions doubling compared with pre-refresh levels.”
