Aetna (AET) Tops Q1 EPS by 34c

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Go back to Aetna (AET) Tops Q1 EPS by 34c

Aetna Reports First-Quarter 2017 Results

May 2, 2017 6:00 AM EDT

HARTFORD, Conn.--(BUSINESS WIRE)-- Aetna (NYSE: AET) announced a first-quarter 2017 net loss(1) of $381 million, or $1.11 per share, and adjusted earnings(2) of $939 million, or $2.71 per share. Aetna's first-quarter 2017 results reflect a strong start to the year despite costs associated with the termination of the Humana Merger Agreement, which was the primary driver of the first-quarter 2017 net loss.

Our first quarter performance demonstrates the power of the disciplined execution of Aetnas strategy, said Mark T. Bertolini, Aetna chairman and CEO. This strong start to the year has enabled Aetna to absorb continued pressure from our... More