American International Group, Inc. Q2 adjusted earnings Miss Estimates

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

The company's earnings came in at $937 million, or $1.02 per share. This compares with $1130 million, or $1.19 per share, in last year's second quarter.

Excluding items, American International Group, Inc. reported adjusted earnings of $961 million or $1.05 per share for the period.

Analysts had expected the company to earn $1.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

American International Group, Inc. earnings at a glance:

-Earnings (Q2): $961 Mln. vs. $1449 Mln. last year. -EPS (Q2): $1.05 vs. $1.53 last year. -Analysts Estimate: $1.21