Up 14% In The Last Twelve Months, What To Expect From American International Group Stock In Q4?

Core Viewpoint - American International Group (AIG) is expected to outperform consensus estimates in its fiscal Q4 2023 results, with projected revenues showing year-on-year growth despite previous mixed results [1][3]. Financial Performance - AIG reported total revenues of $12.78 billion in the last quarter, which was 9$36.98 billion, while total premiums improved by 10% [3]. - Net investment income (NII) increased by 25% year-on-year during the same period, with expectations for similar performance in Q4 [3]. Earnings Estimates - AIG's fiscal Q4 2023 revenues are forecasted to be around $12.91 billion, which is 3$12.51 billion [3]. - The adjusted earnings per share (EPS) for Q4 2023 is expected to be $1.72, 5$1.64 [4]. - The annual GAAP EPS for FY2023 is projected to be $6.68 [4]. Stock Valuation - AIG's valuation is estimated at$78 per share, which is 12% higher than the current market price [2][5]. - The valuation is based on a GAAP EPS estimate of $6.68 and a P/E multiple of just below 12x for fiscal 2023 [5].