— American International Group (NYSE: AIG) reported net income attributable to shareholders of $922 million or $1.03 per share for the fourth quarter of 2019, vs. $1.0 per share expected.
— Adjusted after-tax income attributable to shareholders was $919 million or $1.03 per share, compared to a loss of $559 million or $0.63 per share last year.
— Total consolidated net investment income increased to $3.6 billion from $2.8 billion in the prior-year quarter.
— Reported book value per common share of $74.93, up 15% from Q4 2018.
— Return on common equity was 5.3% for the 12 months ended December 31, 2019.
— AIG stock was trading flat immediately after the earnings announcement in the pre-market session.
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06