$AIG Smashes Estimates Posting $0.20 vs Expectations of -$0.08
CRONKITE
Thu Feb 21, 2013 4:03pm EST
“AIG Reports Fourth Quarter Operating Income of $290 Million, Including After-Tax Storm Sandy Losses of $1.3 Billion; Fourth Quarter Net Loss of $4.0 Billion
- Fourth quarter net loss reflects $4.4 billion net loss on sale from discontinued operations (International Lease Finance Corporation)
- Book value per share, excluding accumulated other comprehensive income (AOCI), of $57.87, up 15.5 percent for the year
- Remaining AIA shares sold for $6.5 billion and a realized gain of $240 million
- Department of the Treasury sells last of its AIG shares…”
- Full report
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2013-02-21