American International Group (AIG) reported fourth quarter diluted EPS of $10.43 after the close Thursday, down from $16.60 last year. After-tax operating income came in at $0.82 per share, compared to the loss of $15.99 per share in the previous year. The consensus estimate was for EPS of $0.61. The stock is now up 0.91 on 856K shares.
American International Group gapped up at the open Thursday, but traded in a range for the majority of the session. The stock finished up by 0.32 at $27.99 and set a 6 1/2 month high.
by RTT Staff Writer
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