American International Group Inc reports results for the quarter ended December 31 - Earnings Summary

• American International Group Inc AIG.N reported quarterly adjusted earnings of $1.30​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.79. The mean expectation of seventeen analysts for the quarter was for earnings of $1.23 per share. Wall Street expected results to range from $1.09 to $1.35 per share.

• Revenue fell 90.7% to $909.00 million from a year ago; analysts expected $6.60 billion.

• American International Group Inc's reported EPS for the quarter was $1.43​.

• The company reported quarterly net income of $898 million.

• American International Group Inc shares had risen by 3.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for American International Group Inc is $84.00

This summary was machine generated from LSEG data February 12 at 04:11 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)