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.

Analyst Trends:

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.

Earnings Trends:

Here’s how American International Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)