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 and are trading at $42.15 , down-from-52-week-high.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 Wednesday, February 3, 2021, 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 Thursday, January 28, 2021 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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