Unveiling American International Group (AIG) Q3 Outlook: Wall Street Estimates for Key Metrics

In its upcoming report, American International Group (AIG) is predicted by Wall Street analysts to post quarterly earnings of $1.68 per share, reflecting an increase of 36.6% compared to the same period last year. Revenues are forecasted to be $6.85 billion, representing a year-over-year increase of 0.1%.The current level reflects a downward revision of 1.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.Given this perspective, it's time to examine the average forecasts of specific American International Group metrics that are routinely monitored and predicted by Wall Street analysts.Analysts expect 'Revenues- Total net investment income' to come in at $990.96 million. The estimate suggests a change of +1.9% year over year.The average prediction of analysts places 'General Insurance- Net investment income' at $856.10 million. The estimate indicates a change of +10.8% from the prior-year quarter.Based on the collective assessment of analysts, 'Other Operations- Net investment income and other' should arrive at $86.52 million. The estimate suggests a change of -30.8% year over year.It is projected by analysts that the 'General Insurance- Net premiums earned' will reach $5.93 billion. The estimate points to a change of -0.2% from the year-ago quarter.The combined assessment of analysts suggests that 'General Insurance - Loss ratio' will likely reach 60.6%. The estimate is in contrast to the year-ago figure of 60.7%.Analysts forecast 'General Insurance - Expense ratio' to reach 31.0%. Compared to the present estimate, the company reported 31.9% in the same quarter last year.According to the collective judgment of analysts, 'General Insurance - Combined ratio' should come in at 91.6%. The estimate compares to the year-ago value of 92.6%.Analysts' assessment points toward 'General Insurance- Adjusted pre-tax income' reaching $1.35 billion. Compared to the present estimate, the company reported $1.21 billion in the same quarter last year. View all Key Company Metrics for American International Group here>>> Shares of American International Group have experienced a change of -2.1% in the past month compared to the +3.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), AIG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American International Group, Inc. (AIG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks