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Why AIG (AIG) STock Is Up in After-Hours Trading Today

NEW YORK (TheStreet) -- American International (AIG - Get Report) was gaining 3% to $54.26 after-hours Monday after beating analysts' estimates for earnings and revenue in the second quarter.

For the second quarter AIG reported earnings of $1.25 a share, beating the Capital IQ Consensus Estimate of $1.05 cents a share by 20 cents. Revenue grew 2.2% from the year-ago quarter to $8.53 billion. Analysts expected revenue of $8.13 billion for the quarter.

The company also declared a dividend of 12.5 cents a share payable on Sept. 25 to all shareholders of record as of the close of business on Sept. 11.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

AIG ChartAIG data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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