American International Group Forecasts Flat $6.92B Q4 Revenue, $1.90 EPS
American International Group’s revenue rose 3.2% year-over-year to $7.06B in Q3, beating consensus by 2.9% alongside an EPS and net premiums earned upside. For Q4, analysts project flat $6.92B revenue and $1.90 adjusted EPS as American International Group readies results after market close.
1. Q3 Performance
In Q3, American International Group reported $7.06 billion in revenue, up 3.2% year-over-year and 2.9% above analyst projections. The company also surpassed EPS forecasts and delivered a strong net premiums earned beat, marking one of its more robust quarterly showings in recent years.
2. Q4 Expectations
Analysts forecast Q4 revenue to hold steady at $6.92 billion, reflecting flat year-over-year growth, with adjusted EPS estimated at $1.90. These projections follow four revenue misses over the past two years, and most analysts have maintained their estimates in the past 30 days.
3. Peer Comparison and Share Movement
Peers in the multi-line insurance segment reported strong gains, with Hartford posting 6.7% revenue growth and a 49.9% beat, and Chubb delivering 7.4% growth and a 0.8% beat. Hartford and Chubb shares rose 2% and 5.1% respectively, while American International Group shares have climbed 3.5% over the past month and sit below an average analyst target of $86.95.