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American International Group, Inc. Q1 adjusted earnings Miss Estimates

American International Group, Inc. (AIG) announced earnings for first quarter that dropped from the same period last year.

The company's bottom line came in at $938 million, or $1.01 per share. This compares with $1185 million, or $1.18 per share, in last year's first quarter.

Excluding items, American International Group, Inc. reported adjusted earnings of $963 million or $1.04 per share for the period.

Analysts had expected the company to earn $1.27 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): $963 Mln. vs. $1367 Mln. last year.
-EPS (Q1): $1.04 vs. $1.36 last year.
-Analysts Estimate: $1.27

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