Investing.com - AIG (NYSE:AIG) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AIG announced earnings per share of $1.3 on revenue of $11.4B. Analysts polled by Investing.com anticipated EPS of $1.17 on revenue of $11.45B.
AIG shares are up 4% from the beginning of the year, still down 9.43% from its 52 week high of $65.73 set on April 21. They are outperforming the S&P 500 which is down 12.39% from the start of the year.
AIG follows other major Financial sector earnings this month
AIG's report follows an earnings beat by Berkshire Hathaway A on Monday, who reported EPS of $4774.01 on revenue of $70.81B, compared to forecasts EPS of $4,309.9 on revenue of $70.19B.
JPMorgan had missed expectations on April 13 with first quarter EPS of $2.63 on revenue of $30.72B, compared to forecast for EPS of $2.7 on revenue of $30.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar