Aetna third-quarter profit rises but misses analysts' estimates

Tue Oct 29, 2013 6:12am EDT

Oct 29 (Reuters) - Aetna Inc said on Tuesday that third-quarter net income rose but was held back by results in its private Medicare business, and the company missed analysts' expectations by 3 cents per share.

Excluding the costs of integration and capital losses, the company reported operating earnings of $1.50 per share. Analysts on average had expected a profit of $1.53 per share, compared with $1.55 a year earlier on that basis, according to Thomson Reuters I/B/E/S.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.