American International Group, Inc. (NYSE:AIG) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Quentin McMillan - Vice President, Managing Director and Head of Investor Relations Peter Zaffino - Chairman and Chief Executive Officer Sabra Purtill - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Zaremski - BMO Capital Markets Elyse Greenspan - Wells Fargo Securities Ryan Tunis - Autonomous Research Robert Cox - Goldman Sachs Michael Ward - ...

American International Group (AIG) reported $12.47 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.8%. EPS of $1.77 for the same period compares to $1.63 a year ago.The reported revenue represents a surprise of +3.57% over the Zacks Consensus Estimate of $12.04 billion. With the consensus EPS estimate being $1.66, the EPS surprise was +6.63%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectatio ...

Press Release Contacts: www.aig.com Quentin McMillan (Investors): quentin.mcmillan@aig.com Claire Talcott (Media): claire.talcott@aig.com AIG Reports Strong First Quarter 2024 Results ■ Net income per diluted share was $1.74 and adjusted after-tax income* (AATI) per diluted share was $1.77 ■ General Insurance underwriting income increased 19% year-over-year to $596 million, or 67% on a comparable basis*† ■ General Insurance adjusted pre-tax income (APTI) increased 9% year-over-year to $1.4 billion, or 27% o ...

In its upcoming report, American International Group (AIG) is predicted by Wall Street analysts to post quarterly earnings of $1.68 per share, reflecting an increase of 3.1% compared to the same period last year. Revenues are forecasted to be $12.04 billion, representing a year-over-year decrease of 2.7%.The current level reflects an upward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? American International Group (AIG) , which belongs to the Zacks Insurance - Multi line industry, could be a great candidate to consider.This insurer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.22%.For the most recent quarter, American Int ...

Monty Rakusen/DigitalVision via Getty Images American International Group (NYSE:AIG) is a well-known insurance company, for many because of the days of the 2008 Financial Crisis. Yet, it's still here, and things can change with time. I was curious to see if that made it a worthwhile investment in 2024. The market sure seems to believe in it. AIG 1Y Price History (Seeking Alpha) It's up over 48% in the past year! After taking a look, I found myself agreeing, and I'll review AIG's improvements and why, even a ...

Key PointsThese three stocks rise on product demand from the latest breakouts in the construction and housing sectors.Institutions rate them as a Buy, and analysts think EPS could soar above the rest of the industry. Price action indicates momentum is present, giving Main Street a leg up to Wall Street's thinking.5 stocks we like better than RayonierInvestors often follow the latest trends in the U.S. economy and attempt to align their portfolios with the best industries, some of which could have a breakout ...

Product diversification helps Zacks Multiline Insurance industry players lower concentration risk, ensure uninterrupted revenue generation and improve retention ratio. Better pricing, prudent underwriting, increased exposure and faster economic recovery should benefit MetLife Inc. (MET) , American International Group Inc. (AIG) , Prudential Financial Inc. (PRU) , The Hartford Financial Services Group (HIG) and Assurant Inc (AIZ) . Accelerated digitalization will help in the smooth functioning of the industr ...

American International Group, Inc. (AIG) is well-poised to grow due to strong Global Commercial business, rising net investment income and new business growth.AIG continues to benefit from strong performance in its General Insurance business and the strengthening of insurance rates. Moreover, divestitures are helping the company to streamline its business and enhance capital allocation.AIG, a leading global insurance organization, provides a wide range of property casualty insurance, life insurance, retirem ...

A month has gone by since the last earnings report for American International Group (AIG) . Shares have added about 9.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is American International Group due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. AIG Q4 Earnings Be ...