American International Group
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.
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