Investing.com - Investors are eagerly awaiting American International Group Inc's (NYSE:AIG) second-quarter earnings, which will be released during Wednesday's after hours session. The latest earnings results will offer a glimpse into how the company is performing under the leadership of Brian Duperreault.
Duperreault took over as CEO in May, after Peter Hancock resigned following the company’s shocking $3 billion fourth quarter loss. Hancock held the CEO post for less than three years.
AIG implemented cost cuts and had improved investment returns in the first quarter, which helped the company swing to a profit. When it comes to the second-quarter, there are some concerns that increased catastrophe losses will impact the company’s bottom line.
Analysts are looking for AIG to earn $1.20 per share.