American International Group, Inc. (AIG – Analyst Report) is a world leader in insurance and financial services with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. 

Currently, AIG has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

AIG:

1.)    Missed earnings estimates. The company posted $0.52, missing our Zacks Consensus Estimate of $1.03.

2.)    Beat revenue estimates. The company saw revenue figures of $13.164, beating our estimate of $13.060 billion.

3.)    Approximately $3.7 billion in share repurchases during the quarter; additional repurchases of approximately $602 million through the end of October 2015

4.)    “This quarter’s results, while falling short of expectations due to market volatility, show signs that we are making progress to transform AIG for long-term competitiveness,” said Peter D. Hancock, AIG President and Chief Executive Officer. “Our strategy focuses on four major objectives: to narrow our focus on businesses where we can grow profitably, drive for efficiency, grow through innovation and optimizing our data assets, and return excess capital.”

5.)    AIG was down $0.69, or 1.08%, to $63.05 as of 5:14 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph of AIG’s recent history of quarterly earnings figures:

American International Group Inc. (AIG – Analyst Report) – Earnings Surprise | FindTheCompany