Aetna Reports First-Quarter 2015 Results
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Aetna (AET) PT Lifted to $130 at Leerink Partners Following 'Beat and Raise'
April 29, 2015 8:49 AM EDTLeerink Partners analyst Ana Gupte reiterated an Outperform rating and boosted its price target on Aetna (NYSE: AET) to $130.00 (from $125.00) following "strong" Q1 results.
Gupte commented, "AET reported a very strong "Beat and Raise" 1Q exceeding EPS estimates by 45c while raising '15 EPS guidance by 30c to a range of $7.20-$7.40 as compared to consensus of $7.19 and us at $7.30 (pre 1Q estimates). Revenues came in light from a combination of... More
Aetna (AET) Tops Q1 EPS by 45c; Boosts FY15 EPS Outlook
April 28, 2015 6:01 AM EDTAetna (NYSE: AET) reported Q1 EPS of $2.39, $0.45 better than the analyst estimate of $1.94. Revenue for the quarter came in at $15.09 billion versus the consensus estimate of $15.48 billion.
Aetna sees FY2015 EPS of $7.20-$7.40, versus prior guidance of $7.00 and the consensus of $7.19.
Aetna had a strong start to the year,... More
