Company News: American Intl (AIG) quarterly earnings miss analysts’ forecast

Market news

5 May 2020

Company News: American Intl (AIG) quarterly earnings miss analysts’ forecast

American Intl (AIG) reported Q1 FY 2020 earnings of $0.11 per share (versus $1.58 per share in Q1 FY 2019), missing analysts' consensus estimate of $0.82 per share.

The company withdrew its previously issued guidance as the COVID-19 crisis had created significant uncertainty, and it would take time to understand its broader ramifications.

AIG closed Monday's trading session at $24.07 (+0.71%).

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