Investing.com - AIG (NYSE:AIG) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AIG announced earnings per share of $0.94 on revenue of $10.77B. Analysts polled by Investing.com anticipated EPS of $0.935 on revenue of $10.67B.
AIG shares are up 11% from the beginning of the year, still down 15.60% from its 52 week high of $49.94 set on February 20, 2020. They are outperforming the S&P 500 which is up 4.7% from the start of the year.
AIG follows other major Financial sector earnings this month
AIG's report follows an earnings beat by PayPal Holdings Inc on February 3, who reported EPS of $1.08 on revenue of $6.12B, compared to forecasts EPS of $0.9967 on revenue of $6.09B.
Mastercard had beat expectations on January 28 with fourth quarter EPS of $1.64 on revenue of $4.12B, compared to forecast for EPS of $1.52 on revenue of $4B.
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