Aetna beats 4Q profit forecasts

Aetna beats 4Q profit forecasts
FILE - This Thursday, June 1, 2017, file photo shows a sign on the campus of the Aetna headquarters in Hartford, Conn. Aetna Inc. reports earnings Tuesday, Jan. 30, 2018. (AP Photo/Bill Sikes, File)

HARTFORD, Conn. (AP) — Aetna is reporting a better-than-expected profit of million for the fourth quarter.

The Hartford, Connecticut, company’s per-share profit was 74 cents, or .25 when adjusted for one-time charges and costs. That beat Wall Street projections by 7 cents, according to a poll of industry analysts by Zacks Investment Research.

The health insurer posted revenue of .85 billion. Adjusted revenue was .74 billion, which is just shy of analyst expectations for .89 billion.

There was no early trading Tuesday in shares of Aetna Inc., which are up 7 percent this year.


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