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Countdown to American International Group (AIG) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
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In its upcoming report, American International Group (AIG - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.85 per share, reflecting a decline of 15.9% compared to the same period last year. Revenues are forecasted to be $7.45 billion, representing a year-over-year increase of 5.5%.
The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some American International Group metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenues- Total net investment income' to come in at $986.06 million. The estimate indicates a year-over-year change of +27.7%.
It is projected by analysts that the 'General Insurance- North America Commercial- Net premiums earned' will reach $2.41 billion. The estimate indicates a change of +9.4% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'General Insurance- International Commercial- Net premiums earned' of $2.36 billion. The estimate suggests a change of +7.9% year over year.
The average prediction of analysts places 'General Insurance- Global Personal- Net premiums earned' at $1.66 billion. The estimate indicates a year-over-year change of +0.3%.
Analysts' assessment points toward 'General Insurance - North America Commercial - Loss ratio' reaching 67.5%. Compared to the current estimate, the company reported 59.3% in the same quarter of the previous year.
Analysts predict that the 'General Insurance - International Commercial - Combined ratio' will reach 90.9%. Compared to the present estimate, the company reported 84.9% in the same quarter last year.
The consensus among analysts is that 'General Insurance - North America Commercial - Combined ratio' will reach 90.8%. Compared to the present estimate, the company reported 82.6% in the same quarter last year.
According to the collective judgment of analysts, 'General Insurance - International Commercial - Expense ratio' should come in at 30.9%. Compared to the current estimate, the company reported 31.6% in the same quarter of the previous year.
Analysts forecast 'General Insurance - Loss ratio' to reach 61.7%. The estimate is in contrast to the year-ago figure of 55.9%.
The combined assessment of analysts suggests that 'General Insurance - Expense ratio' will likely reach 30.2%. The estimate is in contrast to the year-ago figure of 30.9%.
The consensus estimate for 'General Insurance - Combined ratio' stands at 92.0%. Compared to the present estimate, the company reported 86.8% in the same quarter last year.
Based on the collective assessment of analysts, 'General Insurance - Acquisition ratio' should arrive at 17.8%. Compared to the current estimate, the company reported 18.0% in the same quarter of the previous year.
Over the past month, shares of American International Group have returned +7.3% versus the Zacks S&P 500 composite's +0.9% change. Currently, AIG carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Countdown to American International Group (AIG) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
In its upcoming report, American International Group (AIG - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.85 per share, reflecting a decline of 15.9% compared to the same period last year. Revenues are forecasted to be $7.45 billion, representing a year-over-year increase of 5.5%.
The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some American International Group metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenues- Total net investment income' to come in at $986.06 million. The estimate indicates a year-over-year change of +27.7%.
It is projected by analysts that the 'General Insurance- North America Commercial- Net premiums earned' will reach $2.41 billion. The estimate indicates a change of +9.4% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'General Insurance- International Commercial- Net premiums earned' of $2.36 billion. The estimate suggests a change of +7.9% year over year.
The average prediction of analysts places 'General Insurance- Global Personal- Net premiums earned' at $1.66 billion. The estimate indicates a year-over-year change of +0.3%.
Analysts' assessment points toward 'General Insurance - North America Commercial - Loss ratio' reaching 67.5%. Compared to the current estimate, the company reported 59.3% in the same quarter of the previous year.
Analysts predict that the 'General Insurance - International Commercial - Combined ratio' will reach 90.9%. Compared to the present estimate, the company reported 84.9% in the same quarter last year.
The consensus among analysts is that 'General Insurance - North America Commercial - Combined ratio' will reach 90.8%. Compared to the present estimate, the company reported 82.6% in the same quarter last year.
According to the collective judgment of analysts, 'General Insurance - International Commercial - Expense ratio' should come in at 30.9%. Compared to the current estimate, the company reported 31.6% in the same quarter of the previous year.
Analysts forecast 'General Insurance - Loss ratio' to reach 61.7%. The estimate is in contrast to the year-ago figure of 55.9%.
The combined assessment of analysts suggests that 'General Insurance - Expense ratio' will likely reach 30.2%. The estimate is in contrast to the year-ago figure of 30.9%.
The consensus estimate for 'General Insurance - Combined ratio' stands at 92.0%. Compared to the present estimate, the company reported 86.8% in the same quarter last year.
Based on the collective assessment of analysts, 'General Insurance - Acquisition ratio' should arrive at 17.8%. Compared to the current estimate, the company reported 18.0% in the same quarter of the previous year.
View all Key Company Metrics for American International Group here>>>Over the past month, shares of American International Group have returned +7.3% versus the Zacks S&P 500 composite's +0.9% change. Currently, AIG carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .