Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights of American International Group (AIG) Q1 2020 Earnings
American International Group, Inc. (NYSE: AIG) Monday said its after-tax adjusted profit dropped sharply in the first quarter of 2020. Earnings also missed estimates and the company’s stock dropped during the extended trading session.
Adjusted earnings of the New York-based insurance giant dropped sharply to $0.11 per share from $1.58 per share last year and missed the Street view. Reported profit was $1.74 billion or $1.98 per share, compared to $654 million or $0.75 per share in the first quarter of 2019.
Net investment income was $2.5 billion, compared to $3.9 billion in the prior-year quarter. Revenues grew 16% annually to $14.4 billion. Shares of AIG closed Monday’s regular trading higher. Last month, the stock slipped to a multi-year low and has been trading slightly below $25 since then.
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Key highlights from Abbott Laboratories (ABT) Q1 2024 earnings results
Abbott Laboratories (NYSE: ABT) reported its first quarter 2024 earnings results today. Total sales increased 2.2% year-over-year to $10 billion. Organic sales growth was 10.8%. Net earnings decreased 7% to $1.22
US Bancorp (USB) Q1 2024 Earnings: Key financials and quarterly highlights
US Bancorp (NYSE: USB) reported its first quarter 2024 earnings results today. Total net revenue decreased 6.4% year-over-year to $6.7 billion. Net income applicable to US Bancorp common shareholders decreased
UAL Earnings: United Airlines Q1 loss narrows on higher revenues; results beat
United Airlines Holdings, Inc. (NYSE: UAL) reported a narrower net loss for the first quarter of 2024, on an adjusted basis. The bottom line benefitted from an increase in revenues.
