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American Intl Gr: Q2 Earnings Insights

Benzinga Insights
·1 min read

Shares of American Intl Gr (NYSE:AIG) decreased 0.53% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 53.85% over the past year to $0.66, which beat the estimate of $0.50.

Revenue of $9,396,000,000 decreased by 25.20% year over year, which missed the estimate of $11,130,000,000.

Outlook

American Intl Gr hasn't issued any earnings guidance for the time being.

View more earnings on AIG

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $58.66

Company's 52-week low was at $16.07

Price action over last quarter: Up 27.69%

Company Profile

American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. Its revenue is split roughly evenly between commercial and consumer lines.

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