Investing.com - AIG (NYSE:AIG) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AIG announced earnings per share of $1.52 on revenue of $10.77B. Analysts polled by Investing.com anticipated EPS of $1.2 on revenue of $10.89B.
AIG shares are up 28% from the beginning of the year and are trading at $48.66 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.92% from the start of the year.
AIG follows other major Financial sector earnings this month
AIG's report follows an earnings beat by Bank of America on July 14, who reported EPS of $1.03 on revenue of $21.47B, compared to forecasts EPS of $0.7706 on revenue of $21.8B.
Wells Fargo&Co had beat expectations on July 14 with second quarter EPS of $1.38 on revenue of $20.27B, compared to forecast for EPS of $0.9752 on revenue of $17.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar