Investing.com - AIG (NYSE:AIG) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $-0.63 on revenue of $12.02B. Analysts polled by Investing.com anticipated EPS of $0.42 on revenue of $11.88B. That compared to EPS of $0.57 on revenue of $61.72M in the same period a year earlier. The company had reported EPS of $-0.34 on revenue of $12.08B in the previous quarter.
For the year, AIG shares are up 12.1%, outperforming the S&P 500 which is up 11.15% year to date.
AIG follows other major Financial sector earnings this month
On Wednesday, January 16, 2019, Bank of America reported fourth quarter EPS of $0.7 on revenue of $22.74B, compared to forecasts of EPS of $0.63 on revenue of $22.35B.
Mastercard earnings beat analyst's expectations on Thursday, January 31, 2019, with fourth quarter EPS of $1.55 on revenue of $3.81B. Investing.com analysts expected EPS of $1.52 on revenue of $3.8B
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