Investing.com - AIG (NYSE:AIG) reported first quarter earnings that beat analysts' expectations on Monday and revenue that topped forecasts.
The firm reported earnings per share of $1.58 on revenue of $12.32B. Analysts polled by Investing.com expected EPS of $1.06 on revenue of $12.07B. That compared to EPS of $1.04 on revenue of $11.89B in the same period a year earlier. The company had reported EPS of $-0.63 on revenue of $12.38B in the previous quarter.
For the year, AIG shares are up 19.54%, outperforming the S&P 500 which is up 18.39% year to date.
AIG follows other major Financial sector earnings this month
On Saturday, Berkshire Hathaway reported first quarter EPS of $3391.5 on revenue of $70.77B, compared to forecasts of EPS of $3512.04 on revenue of $64.59B.
JPMorgan earnings beat analyst's expectations on Friday, April 12, 2019, with first quarter EPS of $2.65 on revenue of $29.85B. Investing.com analysts expected EPS of $2.35 on revenue of $28.44B
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