American International Group Earnings Preview: Can This Streak Continue?
American International Group (NYSE:AIG) will report earnings after markets close on Thursday, May 2nd. American International Group, Inc. is a holding company which, through its subsidiaries provides a varied range of insurance and insurance-related activities in the United States and abroad. The Company’s main activities include both general insurance and life insurance & retirement services operations as well as financial services and asset management.
Here is your Cheat Sheet to American International Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.87 per share on revenues of $8.64 billion. Currently, the company’s P/E ratio stands at 20.75.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.85 to a profit $0.84. For the current year, the average estimate is a profit of $3.41, which is worse than the estimate ninety days ago.
Here’s how American International Group has been performing on an annual basis:
|Revenue ($) in millions||6,896||75,350||77,530||59,810||65,660|
|Diluted EPS ($)||-756.85||-90.48||11.60||11.01||2.04|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||12,970||18,440||17,120||17,650||12,440|
|Diluted EPS ($)||11.30||1.71||1.33||1.13||-2.684|
American International Group has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)