AIG Rises After Q2 Results
American International Group (NYSE: AIG) released its fiscal second-quarter earnings results after the closing bell on Thursday. The company reported net income of $2.33 billion, up from $1.84 billion in the year ago period. Earnings per share were $1.33 from $1.00 last year.
Operating income was $1.86 billion or $1.06 per share, compared to $1.24 billion or $0.68 per share, last year. This easily beat analysts' consensus EPS estimates of $0.57.
In Tuesday's after hours trading session, AIG shares traded up a little better than 1%.
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