fromFortune
11 hours agoWealthy millennial, Gen Z Platinum members drive American Express to record revenue: 'very comfortable paying for its exceptional value' | Fortune
Chief Executive Steve Squeri hailed millennial and Gen Z Platinum members as "very comfortable paying for its exceptional value and highly engaged in the product," underscoring the company's successful push to attract a new generation of premium customers. The company posted net income of $2.9 billion, reflecting a 16% increase over the prior year. Earnings per share rose 19% to $4.14, topping analyst estimates of $3.99.
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