American International Group (AIG) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 27.73%. A quarter ago, it was expected… Continue reading AIG Surpasses Q2 Earnings and Revenue Estimates
Tag: Insurance stocks
Insurance Companies Outperform Market Even As S&P 500 Hits Fresh Record Highs
Insurance stocks outperformed the broader market in a week that saw the S&P 500 record multiple all-time highs. The stock benchmark closed the week ending June 25 up 2.74% at 4,280.70, while the SNL U.S. Insurance Index rose 3.44% to 1,388.81. The race to finish the link-up between Aon PLC and Willis Towers Watson PLC… Continue reading Insurance Companies Outperform Market Even As S&P 500 Hits Fresh Record Highs