Aetna easily exceeds 2Q expectations

August 02, 2018 - 6:57 am

HARTFORD, Conn. (AP) — 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.

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

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

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

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