Aetna Rises After Boosting Forecast Amid Enrollment Growth
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Aetna Inc. shares rose to a record after the company added 1 million people to its health-insurance rolls, lifting first-quarter earnings and prompting it to boost its annual forecast.
Operating earnings this year will be $7.20 to $7.40 a share, the Hartford, Connecticut-based insurer said Tuesday in a statement. In February, Aetna had predicted operating earnings of at least $7 a share. Analysts had estimated $7.19 on average, according to data compiled by Bloomberg.