AIG Earnings Prediction
The chart below shows how AIG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AIG sees a -0.87% change in stock price 10 days leading up to the earnings, and a +1.41% change 10 days following the report. On the earnings day itself, the stock moves by +0.25%. This data can give you a slight idea of what to expect for the next quarter's release.
AIG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
6.75B
-7.10%
2.91%
Gross Margin
--
--
--
Operating Margin
11.39%
-28.54%
16.58%
Net Margin
7.12%
-26.22%
-1.66%
EPS
0.71
-74.91%
-111.79%
No Data Available
AIG Earnings Analysis
American International Group, Inc. Corporation (AIG.N) Earnings Conference Call
Positive
Earnings Growth and Management: Adjusted after-tax income was $798 million or $1.23 per diluted share, representing a 31% increase in earnings per share year-over-year, driven by strong core earnings growth and disciplined execution of our capital management strategy.
Underwriting Income Analysis: Underwriting income for the quarter was $437 million, which included total catastrophe related charges of $417 million.
Combined Ratio Analysis: The calendar year combined ratio was 92.6%.
Net Investment Income Growth: Consolidated net investment income on an adjusted pre-tax income basis was $897 million, a 19% increase year-over-year.
Shareholder Returns Overview: In the third quarter, we returned approximately $1.8 billion to shareholders through $1.5 billion of stock repurchases and $254 million of dividends.
Negative
Pre-Tax Income Improvement: Adjusted pre-tax income was $143 million, a nearly 50% year-over-year improvement driven by lower GOE and interest expense and higher net investment income, which totaled $125 million in the quarter.
Combined Ratio Analysis: The accident year combined ratio as adjusted was 88.3%, about 140 basis points higher than last year, principally due to changes in premium mix and reinstate structure and favorable actual versus expected experience in the third quarter of 2023.
Accident Year Loss Ratio: The accident year loss ratio was 61.8% for the quarter, which was an increase of 250 basis points year-over-year and reflected two main variables.
Accident Year Loss Ratio: The accident year loss ratio was 56.4% for the quarter, including the impact of the closeout transaction and 56.4% year-to-date, flat with the first nine months of 2023.
Combined Ratio Improvement: The accident year combined ratio as adjusted was 88.1%, down 60 basis points from 2023.
AIG FAQs
How does AIG typically perform around its earnings report dates?
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AIG Earning Call Sentiment
American International Group, Inc. (AIG) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
AIG.N
-0.15%Positive
The earnings call reflects strong financial performance with a 31% YoY increase in adjusted after-tax income and robust shareholder returns, including $1.5 billion in stock repurchases. Despite some concerns over loss reserve adequacy, the optimistic guidance, dividend increase, and strategic focus on operational efficiencies and market expansion indicate a positive sentiment. The Q&A section showed analysts' interest in growth opportunities and financial flexibility, further supporting a positive outlook. Given the lack of market cap data, the overall sentiment suggests a stock price movement in the positive range of 2% to 8%.
