American Intl Gr Q2 2024 Adj EPS $1.16 Misses $1.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
American International Group (AIG) reported Q2 2024 adjusted earnings per share (EPS) of $1.16, missing the analyst consensus estimate of $1.30 by 10.77%.
July 31, 2024 | 8:18 pm
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American International Group (AIG) reported Q2 2024 adjusted EPS of $1.16, missing the analyst consensus estimate of $1.30 by 10.77%. This earnings miss could lead to a short-term decline in AIG's stock price as investors react to the lower-than-expected performance.
AIG's earnings miss is significant as it fell short of analyst expectations by a notable margin. This could lead to negative investor sentiment and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100