American Express Co. (NYSE: AXP) on Thursday posted financial results for its third quarter that surpassed estimates for both revenue and earnings.
The New York-based company cited increased consumer spending in noting the results, which were released following the close of markets.
AmEx posted total revenue for the quarter of $10.114 billion, up 9 percent from the same period last year and beating estimates of $10.05 billion. Earnings were reported as $1.88 per share, a 25 percent increase year…
