Investing.com - AIG (NYSE:AIG) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.43 on revenue of $12.03B. Analysts polled by Investing.com forecast EPS of $1.15 on revenue of $11.9B. That compared to EPS of $1.05 on revenue of $11.64B in the same period a year earlier. The company had reported EPS of $1.58 on revenue of $12.92B in the previous quarter.
For the year, AIG shares are up 38.06%, outperforming the S&P 500 which is up 16.43% year to date.
AIG follows other major Financial sector earnings this month
On Saturday, Berkshire Hathaway reported second quarter EPS of $3755.41 on revenue of $63.6B, compared to forecasts of EPS of $3862.4 on revenue of $66.26B.
JPMorgan earnings beat analyst's expectations on Tuesday, July 16, 2019, with second quarter EPS of $2.82 on revenue of $29.57B. Investing.com analysts expected EPS of $2.5 on revenue of $28.84B
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