Aetna easily exceeds 2Q expectations

FAN Editor

Aetna is posting strong profit numbers, easily beating second-quarter expectations on Wall Street.

The Hartford, Connecticut, health insurer on Thursday reported earnings of $1.21 billion, or $3.67 per share. Adjusted for non-recurring gains, profit was $3.43 per share, way above industry analyst projections for $3.07 per share, according to Zacks Investment Research.

Continue Reading Below

Revenue was $15.56 billion, also topping expectations for $15.46 billion.

Shares of Aetna Inc. are up more than 3 percent this year.

_____

Portions of this story were generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on AET at https://www.zacks.com/ap/AET

Free America Network Articles

Leave a Reply

Next Post

Bank of England raises key interest rate by a quarter point to 0.75 percent, highest level since 2009

Quotes delayed at least 15 minutes. Real-time quotes provided by BATS BZX Real-Time Price. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund and ETF data provided by […]

You May Like