AIG Beats on Q1 Earnings on Lower Costs, Approves Dividend Hike
AIGAIG(AIG) Zacks Investment Research·2024-05-03 01:56

American International Group, Inc. (AIG) reported first-quarter 2024 adjusted earnings per share of 1.77,whichbeattheZacksConsensusEstimateby6.61.77, which beat the Zacks Consensus Estimate by 6.6%. The bottom line improved 8.6% year over year. Operating revenues amounted to 12.5 billion, which inched up 0.8% year over year. The top line surpassed the consensus mark by 3.6%. The results were driven by Commercial Lines strength, which, in turn, was aided by favorable underwriting results and a decline in catastrophe losses. Strong contributions from ...