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Recession-Proof Riches: 3 Stocks to Buy and Hold Through Any Crisis
InvestorPlace· 2024-03-08 09:31
There are some stocks to buy for a recession that should be on every investors’ radar. It doesn’t matter whether you are bearish or bullish on the economy in general. Owning shares in these stocks can significantly improve the stability and safety of your portfolio, acting as a reliable anchor that can weather the strongest of economic storms.Furthermore, most of these stocks to buy for a recession also have other qualities that make them durable to hold for the long-run. Most have strong economic moats, pa ...
AIG Q4 Earnings Beat Estimates on General Insurance Strength
Zacks Investment Research· 2024-02-14 18:50
American International Group, Inc. (AIG) reported fourth-quarter 2023 adjusted earnings per share of $1.79, which outpaced the Zacks Consensus Estimate by 12.6%. The bottom line jumped 31.6% year over year.Operating revenues inched up 4.6% year over year to $12.7 billion in the quarter under review. The top line beat the consensus mark by 9.7%.The strong quarterly results were aided by strong underwriting results in the International business and North America Personal Insurance business of the General Insu ...
AIG(AIG) - 2023 Q4 - Earnings Call Transcript
2024-02-14 17:08
American International Group, Inc. (NYSE:AIG) Q4 2023 Earnings Conference Call February 14, 2024 8:30 AM ET Company Participants Quentin McMillan - Vice President, Managing Director and Head of Investor Relations Peter Zaffino - Chairman & Chief Executive Officer Sabra Purtill - Executive Vice President & Chief Financial Officer David McElroy - Executive Vice President & Chief Executive Officer, General Insurance Conference Call Participants Michael Zaremski - BMO Meyer Shields - KBW Elyse Greenspan - Wells ...
AIG(AIG) - 2023 Q4 - Earnings Call Presentation
2024-02-14 13:58
Fourth Quarter and Full Year 2023 Financial Results Presentation February 14, 2024 Copyright ® 2024 by American International Group, Inc. All rights reserved. No part of this document may be reproduced, republished or reposted without the permission of AIG. Group Performance Strategy Capital 4Q’23 Results FY’23 Results Investments Fourth Quarter Operating EPS* Increased 29% from Prior Year ...
American International Group (AIG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-14 01:31
For the quarter ended December 2023, American International Group (AIG) reported revenue of $12.72 billion, up 4.6% over the same period last year. EPS came in at $1.79, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $11.6 billion, representing a surprise of +9.65%. The company delivered an EPS surprise of +12.58%, with the consensus EPS estimate being $1.59.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...
American International Group (AIG) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-14 00:01
American International Group (AIG) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.58%. A quarter ago, it was expected that this insurer would post earnings of $1.55 per share when it actually produced earnings of $1.61, delivering a surprise of 3.87%.Over the last four quarters, t ...
AIG Reports Excellent Fourth Quarter and Full Year 2023 Results
Businesswire· 2024-02-13 21:16
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the fourth quarter and full year ended December 31, 2023. AIG Chairman & Chief Executive Officer Peter Zaffino said: “In 2023, AIG delivered outstanding financial results, highlighted by excellent underwriting performance and the successful execution of multiple complex initiatives, while delivering exceptional value for our clients and stakeholders. Our substantial progress reflects the dedicat ...
Up 14% In The Last Twelve Months, What To Expect From American International Group Stock In Q4?
Forbes· 2024-02-13 17:00
UKRAINE - 2021/05/26: In this photo illustration, an American International Group (AIG) logo seen ... [+] displayed on a smartphone and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesAmerican International Group (NYSE: AIG) is scheduled to report its fiscal Q4 2023 results on Tuesday, Feb. 13, 2024 (after market close). We expect AIG to outperform the consensus estimates. The insurance giant posted mixed results in th ...
AIG(AIG) - 2023 Q4 - Annual Report
2024-02-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 —————————— FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8787 American International Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-2592361 (State or other juri ...
Why American International Group (AIG) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-02-13 15:40
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...