Categories Earnings, Finance

American International Group (NYSE: AIG): Q3 2019 Earnings Snapshot

— American International Group (NYSE: AIG) reported net income attributable to shareholders of $648 million or $0.72 per share for the third quarter of 2019, vs. $1.0 per share expected

American International Group (NYSE: AIG): Q3 2019 Earnings Snapshot

— Adjusted after-tax income attributable to shareholders was $505 million or $0.56 per share, compared to a loss of $301 million or $0.34 per share last year

— Total consolidated net investment income was $3.4 billion, broadly unchanged from prior-year quarter

— Reported book value per common share of  $74.85, up from $ 66.23 recorded a year earlier

— Return on common equity was 4%, compared to (-)8.4% last year

—  American International Group shaes lost 3% early Friday, after closing the previous session higher

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