American International Group (NYSE: AIG ) is expected to report Q4 earnings on Feb. 21. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict American International Group's revenues will contract -49.9% and EPS will shrink to a loss.
The average estimate for revenue is $8.73 billion. On the bottom line, the average EPS estimate is -$0.01.
Last quarter, American International Group chalked up revenue of $8.75 billion. GAAP reported sales were 39% higher than the prior-year quarter's $12.72 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.00. GAAP EPS were $1.13 for Q3 versus -$2.11 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.7%, 4,170 basis points better than the prior-year quarter. Operating margin was 20.3%, 4,620 basis points better than the prior-year quarter. Net margin was 10.5%, 4,190 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $35.52 billion. The average EPS estimate is $3.78.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,780 members out of 3,351 rating the stock outperform, and 571 members rating it underperform. Among 739 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 641 give American International Group a green thumbs-up, and 98 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American International Group is outperform, with an average price target of $38.44.
Looking for alternatives to American International Group? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add American International Group to My Watchlist.