American Express raises 2025 outlook on strong affluent spending
American Express reported third-quarter earnings showing robust growth in cardmember spending, particularly from high-income customers. The company raised its full-year revenue and earnings guide to a range of $15.20–$15.50 per share, citing ongoing strength in premium product use. The updated forecast reflects confidence in resilient consumer demand, despite macro uncertainties. Institutional analysts are watching how growth in card fees and credit metrics hold up under rate pressure and tightening credit markets. The announcement helped solidify the firm’s premium positioning.
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1 day ago
American Express raises 2025 outlook on strong affluent spending
American Express reported third-quarter earnings showing robust growth in cardmember spending, particularly from high-income customers. The company raised its full-year revenue and earnings guide to a range of $15.20–$15.50 per share, citing ongoing strength in premium product use. The updated forecast reflects confidence in resilient consumer demand, despite macro uncertainties. Institutional analysts are watching how growth in card fees and credit metrics hold up under rate pressure and tightening credit markets. The announcement helped solidify the firm’s premium positioning.
positive
American Express raises 2025 outlook on strong affluent spending
1 day ago
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AmEx lifts 2025 earnings outlook, boosted by strong premium card spending in Q3.
American Express reported third-quarter earnings showing robust growth in cardmember spending, particularly from high-income customers. The company raised its full-year revenue and earnings guide to a range of $15.20–$15.50 per share, citing ongoing strength in premium product use. The updated forecast reflects confidence in resilient consumer demand, despite macro uncertainties. Institutional analysts are watching how growth in card fees and credit metrics hold up under rate pressure and tightening credit markets. The announcement helped solidify the firm’s premium positioning.
American Express reported third-quarter earnings showing robust growth in cardmember spending, particularly from high-income customers. The company raised its full-year revenue and earnings guide to a range of $15.20–$15.50 per share, citing ongoing strength in premium product use. The updated forecast reflects confidence in resilient consumer demand, despite macro uncertainties. Institutional analysts are watching how growth in card fees and credit metrics hold up under rate pressure and tightening credit markets. The announcement helped solidify the firm’s premium positioning.