American International Group, Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - American International Group, Inc. (AIG) announced earnings for first quarter that dropped from last year.

The company's bottom line came in at $654 million, or $0.75 per share. This compares with $938 million, or $1.01 per share, in last year's first quarter.

Excluding items, American International Group, Inc. reported adjusted earnings of $1.39 billion or $1.58 per share for the period.

Analysts had expected the company to earn $1.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

American International Group, Inc. earnings at a glance:

-Earnings (Q1): $1.39 Bln. vs. $0.96 Bln. last year. -EPS (Q1): $1.58 vs. $1.04 last year. -Analysts Estimate: $1.06