NEW YORK (AP) _ American International Group Inc. (AIG) on Tuesday reported first-quarter earnings of $4.26 billion.

On a per-share basis, the New York-based company said it had net income of $5.15. Earnings, adjusted for non-recurring gains, came to $1.30 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.

The insurer posted revenue of $15.81 billion in the period. Its adjusted revenue was $10.99 billion.

American International Group shares have risen almost 5% since the beginning of the year, while the S&P's 500 index has dropped 12%. In the final minutes of trading on Tuesday, shares hit $59.53, a climb of 21% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIG at https://www.zacks.com/ap/AIG

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