Aetna (AET) Tops Q1 EPS by 34c

Aetna (NYSE: AET) reported Q1 EPS of $2.71, $0.34 better than the analyst estimate of $2.37. Revenue for the quarter came in at $15.49 billion versus the consensus estimate of $15.44 billion.

“Our first quarter performance demonstrates the power of the disciplined execution of Aetna’s strategy,” said Mark T. Bertolini, Aetna chairman and CEO. “This strong start to the year has enabled Aetna to absorb continued pressure from our individual Commercial products while increasing investment in our growth initiatives and raising our full-year 2017 earnings per share projections.”

“Our increased shareholder dividend and accelerated share repurchase announced earlier this year speak to the strength of Aetna’s capital position and commitment to delivering strong returns for shareholders,” said Shawn M. Guertin, Aetna executive vice president and chief financial officer.

For earnings history and earnings-related data on Aetna (AET) click here.

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