American International Group (AIG) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.75 per share a year ago.
American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to divestitures and higher catastrophe losses.
American International's (AIG) second-quarter results are likely to reflect lower profits from General Insurance.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for American International Group (AIG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
American International Group (AIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American International (AIG) is expected to benefit from rising premiums in the General Insurance business, improving investment income, enhanced savings from AIG Next, and streamlining initiatives.
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AIG's definitive agreement to sell its global personal travel insurance business to Zurich is expected to free up capital.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American International Group (AIG) have what it takes?
Better pricing, product redesigns, technological advancement, high inflation and interest rate rise are expected to aid multiline insurers like MET, AIG, PRU, HIG and ORI.
AIG now owns around 48.35% of Corebridge's common stock.
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