HARTFORD, Conn. (AP) — Aetna Inc. (AET) on Tuesday reported first-quarter net income of $1.21 billion, after reporting a loss in the same period a year earlier.<\/p>\n
The Hartford, Connecticut-based company said it had net income of $3.67 per share. Earnings, adjusted for non-recurring gains, came to $3.19 per share.<\/p>\n
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.97 per share.<\/p>\n
The health insurer posted revenue of $15.34 billion in the period. Its adjusted revenue was $15.33 billion, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $15.32 billion.<\/p>\n
Aetna shares have fallen roughly 1 per cent since the beginning of the year, while the Standard & Poor’s 500 index has declined 1 per cent. The stock has risen 33 per cent in the last 12 months.<\/p>\n
———-<\/p>\n
This story was generated by Automated Insights (http:\/\/automatedinsights.com\/ap<\/a>) using data from Zacks Investment Research. Access a Zacks stock report on AET at https:\/\/www.zacks.com\/ap\/AET<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" HARTFORD, Conn. (AP) — Aetna Inc. (AET) on Tuesday reported first-quarter net income of $1.21 billion, after reporting a loss in the same period a year earlier. The Hartford, Connecticut-based company said it had net income of $3.67 per share. Earnings, adjusted for non-recurring gains, came to $3.19 per share. The results beat Wall Street […]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/8027"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=8027"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/8027\/revisions"}],"predecessor-version":[{"id":8030,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/8027\/revisions\/8030"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=8027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=8027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=8027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}