AIG (AIG) Misses Q4 EPS by 18c
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AIG Reports Fourth Quarter 2017 Results
February 8, 2018 4:16 PM ESTNEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today reported a net loss of $6.7 billion, or $7.33 per share, for the fourth quarter of 2017, compared to a net loss of $3.0 billion, or $2.96 per share, in the prior-year quarter. The fourth quarter of 2017 net loss included a charge of $6.7 billion related to the enactment of the Tax Cuts and Jobs Act (the Tax Act). Adjusted after-tax income was $526 million, or $0.57 per diluted share, for the fourth quarter of 2017, compared to an adjusted after-tax loss of $2.8 billion, or $2.72 per share, in the prior-year quarter.
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