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Aetna sees 2014 earnings per share above Wall St. estimates
December 11, 2013 / 9:57 PM / in 4 years

Aetna sees 2014 earnings per share above Wall St. estimates

(Reuters) - U.S. health insurer Aetna Inc (AET.N) on Wednesday forecast 2014 earnings per share that were higher than Wall Street expects, a day ahead of a meeting with investors at which the company will lay out its strategy for the coming year.

A trader points up at a display on the floor of the New York Stock Exchange August 20, 2012. REUTERS/Brendan McDermid

Aetna, in a regulatory filing, said at Thursday’s meeting it will issue a forecast for 2014 operating earnings of at least $6.25 per share. Analysts on average are looking for $6.21 per share, according to Thomson Reuters I/B/E/S.

The company also said it sees 2014 operating revenue of about $53 billion, shy of Wall Street estimates of $55.3 billion.

Aetna in October said 2014 would be a challenging year due to uncertainty over the cost of U.S. healthcare reform and cuts in government funding for private Medicare plans.

The insurer reiterated its full-year forecast for 2013 operating earnings of $5.80 to $5.90 per share.

Reporting by Bill Berkrot; Editing by Steve Orlofsky

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