American Intl Gr Q4 2023 Adj EPS $1.79 Beats $1.64 Estimate
Portfolio Pulse from Benzinga Newsdesk
American International Group (AIG) reported Q4 2023 adjusted earnings per share (EPS) of $1.79, surpassing the analyst consensus estimate of $1.64 by 9.15%.
February 13, 2024 | 9:17 pm
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AIG reported a Q4 2023 adjusted EPS of $1.79, exceeding the consensus estimate of $1.64 by 9.15%.
Beating earnings estimates typically has a positive impact on a company's stock price in the short term as it indicates better-than-expected financial health and profitability. AIG's significant beat of the consensus EPS estimate suggests strong operational performance, likely leading to increased investor confidence and potential upward movement in its stock price.
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