=American Intl (AIG) reported earnings on Thur 13 Feb 20 (b/o)

American International Group Inc. (AIG) swung to a fourth-quarter profit that beat expectations, citing the favorable impact of general insurance underwriting and reinsurance actions and a favorable loss reserve development. The stock slipped 0.2% in premarket trading. Net income was $922 million, or $1.03 a share, after a loss of $622 million, or 70 cents a share, in the year-ago period. On an adjusted basis, earnings per share were $1.03 after a per-share loss of 63 cents last year, beating the FactSet consensus of $1.00. Total consolidated net investment income rose to $3.6 billion from $2.8 billion, reflecting higher alternative investment returns. In general insurance, net premiums written fell 9% to $5.83 billion, including a 4% decline in North American and a 13% decline in international. The stock was down 0.8% over the past three months through Wednesday, while the S&P 500 (SPX) has gained 9.2%.

Earnings this week : Feb 10 - 14, 20 (wk 7)

Monday (Feb 10)

• Morning: AGN AVYA BIP CNA DO EPC GBDC IVC L MCY QSR
• Afternoon: AMKR BLKB BHF BRX ELY CHGG CMP DVA EEFT RE FRT FLDM IIIV IIVI JCOM KMPR LMNX MELI MESA MIME MOH OMF PSEC RPD RNG STE VRNS VOYA WTS XPO

Tuesday (Feb 11)

• Morning: AN CRL CEIX CRTO DBD D EXC GT HAS HLT INGR JLL LCII LPX MMYT MLM MAS MLCO NNN OMC ONDK SEE ST FLOW TGNA UAA USFD VIRT

Mon pm & Tue am https://finviz.com/screener.ashx?v=211&t=AMKR,BLKB,BHF,BRX,ELY,CHGG,CMP,DVA,EEFT,RE,FRT,FLDM,IIIV,IIVI,JCOM,KMPR,LMNX,MELI,MESA,MIME,MOH,OMF,PSEC,RPD,RNG,STE,VRNS,VOYA,WTS,XPO,AN,CRL,CEIX,CRTO,DBD,D,EXC,GT,HAS,HLT,INGR,JLL,LCII,LPX,MMYT,MLM,MAS,MLCO,NNN,OMC,ONDK,SEE,ST,FLOW,TGNA,UAA,USFD,VIRT&ta=0&o=-volume

• Afternoon: ACCO AKAM ACGL AIZ BXMT CNO CPSI DCP DENN DIOD DEI EXAS PEAK NSP KRNT LSCC LYFT NCR PVG PRI REXR TGH UDR VREX VNOM WU

Wednesday (Feb 12)

• Morning: AB ARCC GOLD BG CVE ECOM CIM CME CIGI CVS CYBR GPN NSIT IPG IQV LAD TAP MCO NBL RDWR SHOP TEVA TW TRVG

Tue pm & Wed am https://finviz.com/screener.ashx?v=211&t=ACCO,AKAM,ACGL,AIZ,BXMT,CNO,CPSI,DCP,DENN,DIOD,DEI,EXAS,PEAK,NSP,KRNT,LSCC,LYFT,NCR,PVG,PRI,REXR,TGH,UDR,VREX,VNOM,WU,AB,ARCC,GOLD,BG,CVE,ECOM,CIM,CME,CIGI,CVS,CYBR,GPN,NSIT,IPG,IQV,LAD,TAP,MCO,NBL,RDWR,SHOP,TEVA,TW,TRVG&ta=0&o=-volume

• Afternoon: AKR ATUS AEL ANDE NLY AM AR AMAT ARES ASGN AVLR NTB BRKR CDNS CTL CF CHNG CHEF CSCO COHU CPA CXW EFX EQIX EQC FR FOSL FCPT FTSI HR HUBS IFF KGC LPI MFC MRO MGM NTAP NWE NUS PGRE PEGA PRSP PS QLYS QDEL QUOT RDFN REG SSNC STAG SLF SPWR TCO TTGT TRMB TRIP TCX TYL WCN WELL

Thursday (Feb 13)

• Morning: AER AGIO BABA ALKS ALE AIMC AIG BPMC BWA BAM GTLS CBB DAN DLPH DUK EEX DAVA FIS FAF FTS GNRC HE HIMX HII HUN INCY IPGP IRM IRWD KELYA KHC LH LECO MTRN NGD NMRK NICE NVMI PATK PBF PBFX PEP POOL PDS R SSTK SITC SON TRP TPX THS TUFN WM WSO WST WEX WH YETI ZBRA ZTS

Wed pm & Thur am:  https://finviz.com/screener.ashx?v=211&t=AKR,ATUS,AEL,ANDE,NLY,AM,AR,AMAT,ARES,ASGN,AVLR,NTB,BRKR,CDNS,CTL,CF,CHNG,CHEF,CSCO,COHU,CPA,CXW,EFX,EQIX,EQC,FR,FOSL,FCPT,FTSI,HR,HUBS,IFF,KGC,LPI,MFC,MRO,MGM,NTAP,NWE,NUS,PGRE,PEGA,PRSP,PS,QLYS,QDEL,QUOT,RDFN,REG,SSNC,STAG,SLF,SPWR,TCO,TTGT,TRMB,TRIP,TCX,TYL,WCN,WELL,AER,AGIO,BABA,ALKS,ALE,AIMC,AIG,BPMC,BWA,BAM,GTLS,CBB,DAN,DLPH,DUK,EEX,DAVA,FIS,FAF,FTS,GNRC,HE,HIMX,HII,HUN,INCY,IPGP,IRM,IRWD,KELYA,KHC,LH,LECO,MTRN,NMRK,NICE,NVMI,PATK,PBF,PBFX,PEP,POOL,PDS,R,SSTK,SITC,SON,TRP,TPX,THS,TUFN,WM,WSO,WST,WEX,WH,YETI,ZBRA,ZTS&ta=0&o=-volume

• Afternoon: AEM AYX AMN ARI ANET BIO BKI BL BFAM CARG CC CGNX CXP CRY DDOG DXCM DLR EXPE FNF GDDY HTA LPSN MAT MERC MHK MRC NVDA PDFS RSG ROKU SWAV SPSC SPXC SVMK TLND TEX TNET TRUP RARE VECO WRE AUY YELP

Friday (Feb 14) 

• Morning: AXL ABR AZN CGC ENB ESNT MGP NWL POR PPL SXT TRTN YNDX
• Afternoon: AL

Notable earnings reports:
Restaurant Brands (NYSE:QSR) on February 10; Lyft (NASDAQ:LYFT), Hasbro (NASDAQ:HAS), Hilton (NYSE:HLT), Under Armour (UAA), and Western Union (NYSE:WU) on February 11; Cisco (NASDAQ:CSCO), CVS Health (NYSE:CVS), Shopify (NYSE:SHOP), Teva Pharmaceuticals (NYSE:TEVA) and TripAdvisor (NASDAQ:TRIP) on February 12; Alibaba, Nvidia, PepsiCo, Roku (NASDAQ:ROKU), AIG (NYSE:AIG) and Yelp (NYSE:YELP) on February 13; AstraZeneca (NYSE:AZN) on February 14.

=American Intl (AIG) reported earnings on Mon 6 May 2019 (a/h)

American Intl beats by $0.52

• Reports Q1 (Mar) earnings of $1.58 per share, excluding non-recurring items, $0.52 better than the S&P Capital IQ Consensus of $1.06. General Insurance achieved a combined ratio of 97.4 and an accident year combined ratio, as adjusted, of 96.1, driven by improvements to underwriting fundamentals, reinsurance actions and continued expense discipline. Life and Retirement posted a double-digit adjusted return on common equity (ROCE), reflecting a broad platform and supported by favorable market performance. Total consolidated net investment income was $3.9 billion in the first quarter of 2019, compared to $3.3 billion in the prior-year quarter, reflecting favorable market performance.
• "Our first quarter results represented strong performance, particularly in General Insurance, reflecting significant foundational work throughout 2018 to position AIG for sustainable, profitable growth. General Insurance achieved an underwriting profit driven by underwriting and expense discipline, improved business mix and reinsurance actions. We achieved an underwriting profit on a calendar year and accident year basis in the first quarter and we expect that to continue for the full year. Life and Retirement delivered solid performance, benefiting from diversification of product and distribution channels. We expect Life and Retirement to continue to deliver a low- to-mid teens adjusted ROCE, and we expect to reach a double-digit adjusted ROCE for consolidated AIG within three years."

Earnings this week : May 6 - 10, 19 (wk 19)

 

Monday (May 6)

• Premarket: AMG, BHC, CAMT, CEVA, DK, DSKE, KOS, NSSC, PETS, SPNS, SYY, TSN    

• After-Hours: AEIS, AIG, AIZ, ANDE, APU, AVID, AWR, BE, BHF, BKD, CBT, CDEV, CENT, COHU, CPE, DCO, DCP, EGOV, ENSG, EVBG, EVER, FBM, FMC, FN, FRAC, FRGI, FRPT, FRTA, GLPI, GLUU, HBM, HHC, HIIQ, HPR, HTZ, IAG, IFF, INVH, IPAR, ITRI, IVC, KLAC, KMT, KRC, KRG, LCI, LMNX, MASI, MOS, MTSC, MWA, NCMI, NGHC, NLS, OFIX, ORA, OTTR, OXY, PAHC, PLOW, PXD, QGEN, RARE, RBC, RCII, RE, RNG, RP, RTEC, SEDG, SHO, SKT, SNHY, STRL, SYKE, TACO, TCMD, TXMD, UGI, VECO, XENT

Tuesday (May 7)

• Premarket: ADNT, AES, AGN, AKRX, AMAG, ARMK, ARRY, ATH, ATKR, AVNS, BCC, BGCP, BLD, BR, BUD, CJ, CLVS, CNHI, CNK, CRL, CROX, CTLT, CWEN, DEA, DF, DNR, DPLO, DXPE, EGRX, EMR, ENR, EXPD, FI, GSKY, GTE, GTX, HAE, HSIC, ICL, IMOS, IPI, JEC, JELD, JLL, KEYW, KL, LCII, LGIH, LITE, LPX, MDCA, MFA, MLCO, MNK, MYL, NHI, NOVT, NWN, OCN, OMI, PINC, PNM, PRIM, REGN, RHP, SEAS, SERV, SND, SRE, TA, TDG, USAC, USFD, VAC, VCEL, VGR, VPG, WBT, WOW

• After hours: ACLS, ADT, APEI, ATO, ATSG, AVD, AVLR, BECN, BOLD, CERS, CGBD, CHUY, COLD, CRAY, CRZO, CSOD, CTRE, CWK, DDD, DIOD, DVA, EA, EDIT, ENTA, ESE, EVH, EVRI, FANG, FARM, FATE, FG, FLT, FTSI, GHDX, GTES, HALO, HCKT, HCLP, HUBS, ICHR, IMMR, INGN, INSP, IOSP, IRTC, JAZZ, JCOM, KAR, KGC, LADR, LC, LOPE, LTHM, LYFT, MMI, MODN, MTCH, MTSI, MYGN, NCR, NVTA, OAS, OHI, OPK, OSPN, PAA, PAGP, PBPB, PEGA, PEN, PLT, PLYA, POWL, PRI, PRMW, PUMP, PZZA, QRVO, QTWO, QUOT, RGR, RNR, RTRX, S, SEMG, SGMS, SUPN, SWX, TRIP, TWO, TWOU, VOYA, VREX, WING, WMC, WMGI, WTTR, WU, Y, ZAGG

Wednesday (May 8)

• Premarket: ACM, ANDX, ATHM, ATRO, BCOR, BG, BV, CBB, CBRE, CEIX, CFX, CHK, CHSP, CORE, COTY, FOLD, FTDR, FUN, GCP, GOLD, GOLF, GTN, GTT, HMC, HZNP, ICPT, LXP, MCHP, MCK, MIDD, MPC, MPLX, MRNA, MSG, MYE, NCS, NXST, NYT, ODP, PFGC, PLUG, PTLA, RDUS, SBGI, SGRY, SPB, STWD, SUM, TAST, TGI, TRI, VER, VG, WAAS, WEN, YRCW
• After hours: AAOI, AGS, AIMT, AKCA, ALB, ANGI, APLE, APYX, ARNA, ASRT, AXGN, BIO, BREW, CCMP, CECO, CNDT, COLL, CPA, CTL, CVNA, CW, CWH, CXW, DAR, DIS, DRH, DVAX, ECPG, EGAN, ELF, ENV, ETSY, EVRG, EZPW, FLNT, FNV, FOSL, FOXA, FTK, GBDC, GDOT, GKOS, GPRE, HLI, IAC, IMMU, INFN, INSG, IVR, KIDS, KINS, KRO, KTOS, LASR, LHCG, MATX, MBI, MRAM, MTRX, NKTR, NNI, NUAN, NVEE, OSUR, PAAS, PETQ, PK, PRGO, PRSC, PSDO, PSEC, QDEL, RDFN, RLJ, ROKU, RUN, RWT, RXN, RYAM, SAIL, SCOR, SGMO, SIEN, SJI, SLF, SMI, SRPT, STMP, SUN, SVMK, SWAV, SWCH, TCX, TLND, TPC, TPIC, TRHC, TTGT, TVTY, TWNK, UPWK, VERI, WIFI, WPM, WTRH, XEC, ZGNX

Thursday (May 9)

• Premarket: ACIW, AEE, AMC, AMRX, ANIP, BAM, BDX, BPMC, BPMP, CAH, CHH, CNNE, CNP, CNQ, COMM, CPG, CRCM, CVIA, DESP, DSX, DUK, EBIX, ECOM, ELAN, ENDP, EPAM, EPC, EYE, FOCS, GOGO, GTS, HAIN, HIMX, HL, HMHC, HSC, INAP, INXN, IONS, KDP, LAUR, LNG, MBUU, MCFT, MGA, MMS, NCLH, NMRK, NOMD, NS, OMER, OSTK, OXFD, PBH, PQG, PRTY, RCM, RDNT, REZI, RGEN, SNH, SQNS, SUP, SYNH, TEN, TGNA, TLRA, TPR, TTD, TTI, TU, TW, UNVR, USCR, VNTR, VRTV, VSH, VSTO, WRLD, WWW

• After hours: AAXN, AGO, AIRG, AL, ALRM, ALTR, AMBC, AMBR, AQ, AQN, ASYS, BKNG, CABO, CARG, CDLX, CISN, CTRL, CUTR, DBX, DHT, EFX, ELY, EQH, FLY, FSCT, GH, GPRO, GSBD, ICUI, JAG, MAIN, MAXR, MESA, MTD, MTW, NDLS, NNBR, NTR, NTRA, NVRO, NWSA, PBYI, PRAA, QNST, QRTEA, RBA, ROAD, SCSC, SENS, SNCR, SONO, SPPI, SPWR, SSRM, SSTI, SWIR, SYMC, SYNA, TGH, TIVO, TROX, TRUE, TRXC, UEPS, UNIT, VFF, VSLR, WPRT, XLRN, XON, YELP, ZAYO, ZG, ZVO

Friday (May 10)

• Premarket: AQUA, BPL, CLNY, ENB, ERF, HPT, JD, MAR, PEGI, PTE, SSP, TRCO, VIAB
• After hours: CBPO

Notable earnings reports: Tyson Foods (NYSE:TSN), Hertz Global (NYSE:HTZ) and Bausch Health (NYSE:BHC) on May 6; Electronic Arts (NASDAQ:EA), Lyft (NASDAQ:LYFT), Anheuser-Busch InBev (NYSE:BUD) and Wynn Resorts (NASDAQ:WYNN) on May 7; Disney (DIS), Roku (NASDAQ:ROKU), Etsy (NASDAQ:ETSY), Fox (NASDAQ:FOXA) and Madison Square Garden (NYSE:MSG) on May 8; GoPro (NASDAQ:GPRO), Booking Holdings (NASDAQ:BKNG), Keurig Dr Pepper (NYSE:KDP) and Trade Desk (NASDAQ:TTD) on May 9; Viacom (NASDAQ:VIAB), JD.com (NASDAQ:JD) and Linde (NYSE:LIN) on May 10.

-=American International Group (AIG) reported earnings on Thur 2 Aug 2018 (a/h)

American Intl misses by $0.16 

• Reports Q2 (Jun) earnings of $1.05 per share, excluding non-recurring items, $0.16 worse than the Capital IQ Consensus of $1.21.
• As of June 30, 2018, book value per common share was $68.65 compared to $72.49 at December 31, 2017. Book value per common share excluding accumulated other comprehensive income and deferred tax assets (Adjusted book value per common share) increased 2.2% to $57.34 in the second quarter.

=American International Group (AIG) reported earnings on Tue 14 Feb 2017 (a/h)

(Reuters) - American International Group Inc (AIG), the largest commercial insurer in the United States and Canada, reported a bigger-than-expected quarterly loss, largely due to a $5.6 billion reserve charge to cover possible future claims.

Shares of the company, which also raised its share buyback program by up to $3.5 billion, were down 4.5 percent in after-hours trading on Tuesday.

AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from $1.84 billion, or $1.50 per share, a year earlier.

Much of the loss was due to the reserve charge for long-term risks on U.S. commercial insurance policies it has already written. AIG agreed last month to pay about $10.2 billion to a unit of Warren Buffett's Berkshire Hathaway Inc (BRKa.N) to take on the bulk of the risk associated with those policies.

The deal with Berkshire follows a $3.6 billion increase to reserves chalked up by AIG in the last quarter of 2015 and chief executive Peter Hancock told CNBC the insurer was reducing its reliance on commercial insurance in the United States as claims, ranging from medical malpractice to workers' compensation, rise.

TWO-YEAR PLAN

The goals for AIG's restructuring plan include returning $25 billion to shareholders and becoming a "leaner, more profitable and focused insurer" by trimming its property and casualty business and shedding unwanted assets, among other measures.

The $3.5 billion buyback announced on Tuesday keeps AIG on track to meet that goal.

On an operating basis, AIG reported a loss of $2.72 per share in the three months ended Dec. 31 while total general operating expenses fell 9.6 percent to $2.48 billion.

The insurer is looking to cut its gross general operating expenses by $1.6 billion by year-end.

=American International Group (AIG) reported earnings on Tue 2 Aug 2016 (a/h)

• The New York-based company reported stronger-than-forecast second quarter results, and raised its share buyback program by $3 billion.