Skip to content
Subscriber Only

Aetna Beats Profit Estimates on Government Insurance Growth

relates to Aetna Beats Profit Estimates on Government Insurance Growth
Photographer: Joe Raedle/Getty Images
Updated on

Aetna Inc., the No. 3 U.S. health insurer by enrollment, raised its full-year earnings forecast after reporting profit that topped analysts’ estimates as it added more members in government insurance programs.

Second-quarter operating profit was $2.05 a share, Hartford, Connecticut-based Aetna said Tuesday in a statement. Analysts had estimated $1.82 a share on average. Operating profit will probably be at least $7.40 a share this year, the company said, up from a forecast in April for $7.20 to $7.40.