American Expressreported a profit that fell from last year as it set aside more money to cover credit losses, but the shares rose in late trading as earnings blew past analysts' estimates.
American Express said its earnings from continued operations came in at 74 cents a share in the third quarter, on revenue of $7.16 billion.
The credit card firm reported a profit of 90 cents a share on revenue of $6.945 billion last year.
Analysts polled by Thomson Reuters, on average, forecast earnings of 59 cents per share for the quarter. Analysts typically exclude special items from their estimates.