American International Group, Inc. Reveals 41% Fall In Q2 Profit

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

The company said its profit totaled $1.11 billion, or $0.98 per share. This was lower than $1.89 billion, or $1.39 per share, in last year's second quarter.

Analysts had expected the company to earn $0.93 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

American International Group, Inc. earnings at a glance:

-Earnings (Q2): $1.11 Bln. vs. $1.89 Bln. last year. -Earnings Decline (Y-o-Y): -41.3% -EPS (Q2): $0.98 vs. $1.39 last year. -EPS Decline (Y-o-Y): -29.5% -Analysts Estimate: $0.93