Aetna (AET) Tops Q2 EPS by 107c; Raises Outlook

Aetna (NYSE: AET) reported Q2 EPS of $3.42, $1.07 better than the analyst estimate of $2.35. Revenue for the quarter came in at $15.5 billion versus the consensus estimate of $15.39 billion.

“Our strong second quarter results speak to our continued focus on disciplined pricing and execution of our targeted growth strategy,” said Mark T. Bertolini, Aetna chairman and CEO. “Based on our continued outperformance, we are once again increasing our full-year 2017 earnings projections.”

“Our core businesses continued to outperform during the second quarter, carrying forward positive momentum from the start of the year,” said Shawn M. Guertin, Aetna executive vice president and CFO. “Additional 2017 earnings power allows us to improve our full-year outlook while also accelerating our timeline for targeted investments in growth initiatives.”

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

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