CVS deal for Aetna could help retailer face Amazon entry: analysts

Go back to CVS deal for Aetna could help retailer face Amazon entry: analysts

Aetna (AET) Tops Q3 EPS by 37c, Miss on Revenues; Offers FY17 EPS Guidance Above Consensus

October 31, 2017 6:03 AM EDT

Aetna (NYSE: AET) reported Q3 EPS of $2.45, $0.37 better than the analyst estimate of $2.08. Revenue for the quarter came in at $14.95 billion versus the consensus estimate of $15.12 billion.

Total Company Results

Net income(1) was $838 million for third-quarter 2017 compared with $604 million for third-quarter 2016. The increase in net income during third-quarter 2017 was primarily due to the increase in adjusted earnings described below and lower transaction and integration-related costs in 2017 compared to 2016.Adjusted earnings(2) were $814 million for third-quarter 2017 compared with $734 million for third-quarter 2016. The increase in adjusted earnings during third-quarter 2017 was primarily due to... More

WellCare Health Plans (WCG) Tops Q3 EPS by 217c, Beats on Revenues; Boosts FY17 EPS Guidance Above Consensus

October 31, 2017 5:48 AM EDT

WellCare Health Plans (NYSE: WCG) reported Q3 EPS of $4.08, $2.17 better than the analyst estimate of $1.91. Revenue for the quarter came in at $4.39 billion versus the consensus estimate of $4.36 billion.

2017 Financial Outlook

WellCare is increasing its full-year 2017 adjusted EPS guidance to a range of $8.25 to $8.40 from its previous guidance range of $6.75 to $6.95 per diluted share. The revised guidance includes the previously mentioned recognized tax benefit of approximately $0.53 per diluted share and $0.40 per diluted share related to the Florida Medicaid retroactive premium revenue, partially offset by an estimated $0.56 to $0.65 per diluted share as a... More

Amazon.com (AMZN) PT Raised to $1,250 at FBN Securities Following 3Q Report

October 30, 2017 9:00 AM EDT

FBN Securities raised its price target on Amazon.com (NASDAQ: AMZN) to $1,250.00 (from $1,100.00) while maintaining a Outperform rating following the company's 3Q report. For the FQ3 quarter, AMZN reported revenue of $43.74B, above consensus of $42.05B, and EPS of $.52 above consensus of... More