Investing.com - AIG (NYSE:AIG) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AIG announced earnings per share of $0.97 on revenue of $11.56B. Analysts polled by Investing.com anticipated EPS of $0.9082 on revenue of $12.43B.
AIG shares are up 59% from the beginning of the year and are trading at $60.39 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.6% from the start of the year.
AIG follows other major Financial sector earnings this month
AIG's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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