Investing.com - AIG (NYSE:AIG) reported third quarter earnings that missed analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $-0.34 on revenue of $12.29B. Analysts polled by Investing.com expected EPS of $0.12 on revenue of $12.24B. That compared to EPS of $0.57 on revenue of $11.83B in the same period a year earlier. The company had reported EPS of $1.05 on revenue of $11.64B in the previous quarter.
For the year, AIG shares are down 30.7%, under-performing the S&P 500 which is up 1.04% year to date.
AIG follows other major Financial sector earnings this month
On October 12, JPMorgan (NYSE:JPM) reported third quarter EPS of $2.34 on revenue of $27.82B, compared to forecasts of EPS of $2.26 on revenue of $27.44B.
Bank of America (NYSE:BAC) earnings beat analyst's expectations on October 15, with third quarter EPS of $0.66 on revenue of $22.78B. Investing.com analysts expected EPS of $0.62 on revenue of $22.62B
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