Investing.com - AIG (NYSE:AIG) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AIG announced earnings per share of $0.66 on revenue of $11B. Analysts polled by Investing.com anticipated EPS of $0.51 on revenue of $11.06B.
AIG shares are down 37% from the beginning of the year and are trading at $32.14 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.98% from the start of the year.
AIG follows other major Financial sector earnings this month
AIG's report follows an earnings beat by Mastercard on Thursday, who reported EPS of $1.36 on revenue of $3.34B, compared to forecasts EPS of $1.17 on revenue of $3.25B.
JPMorgan had beat expectations on Tuesday, July 14, 2020 with second quarter EPS of $1.38 on revenue of $33.82B, compared to forecast for EPS of $1.15 on revenue of $30.41B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar