Aetna (AET) Set to Announce Earnings on Tuesday
Aetna (NYSE:AET) is scheduled to be releasing its Q213 earnings data on Tuesday, October 29th. Analysts expect Aetna to post earnings of $1.53 per share and revenue of $12.89 billion for the quarter. Aetna has set its FY13 guidance at $5.80-5.90 EPS.Parties interested in participating in the company’s conference call can do so using this link.
Aetna (NYSE:AET) last announced its earnings results on Tuesday, July 30th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.13. The company had revenue of $11.56 billion for the quarter, compared to the consensus estimate of $12.02 billion. During the same quarter last year, the company posted $1.31 earnings per share. Aetna’s revenue was up 31.0% compared to the same quarter last year. On average, analysts expect Aetna to post $5.89 EPS for the current fiscal year and $6.35 EPS for the next fiscal year.
Aetna (NYSE:AET) opened at 61.82 on Monday. Aetna has a 52-week low of $38.43 and a 52-week high of $68.49. The stock has a 50-day moving average of $63.94 and a 200-day moving average of $59.1. The company has a market cap of $23.003 billion and a P/E ratio of 12.30.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Aetna from $72.00 to $79.00 in a research note to investors on Wednesday, October 16th. They now have a “buy” rating on the stock. On a related note, analysts at Susquehanna reiterated a “positive” rating on shares of Aetna in a research note to investors on Wednesday, October 9th. They now have a $76.00 price target on the stock, up previously from $74.00. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Aetna in a research note to investors on Friday, September 27th. They now have a $78.00 price target on the stock. Three analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $73.22.
Aetna Inc (NYSE:AET) is a diversified healthcare benefits company.
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