Aetna (AET) Set to Announce Quarterly Earnings on Thursday
Aetna (NYSE:AET) is scheduled to be announcing its Q413 earnings results on Thursday, April 24th. Analysts expect the company to announce earnings of $1.55 per share and revenue of $13.69 billion for the quarter. Aetna has set its FY14 guidance at at least $6.25 EPS.Investors interested in registering for the company’s conference call can do so using this link.
Aetna (NYSE:AET) last announced its earnings results on Thursday, February 6th. The company reported $1.34 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.36 by $0.02. The company had revenue of $13.13 billion for the quarter, compared to the consensus estimate of $13.14 billion. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s quarterly revenue was up 46.7% on a year-over-year basis. On average, analysts expect Aetna to post $6.38 EPS for the current fiscal year and $7.08 EPS for the next fiscal year.
Aetna (NYSE:AET) opened at 68.71 on Wednesday. Aetna has a 52 week low of $56.05 and a 52 week high of $76.71. The stock’s 50-day moving average is $73.0 and its 200-day moving average is $68.4. The company has a market cap of $24.921 billion and a price-to-earnings ratio of 12.74.
AET has been the subject of a number of recent research reports. Analysts at Susquehanna raised their price target on shares of Aetna from $80.00 to $85.00 in a research note on Thursday, April 10th. They now have a “positive” rating on the stock. On a related note, analysts at Deutsche Bank raised their price target on shares of Aetna from $76.00 to $84.00 in a research note on Thursday, April 3rd. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Aetna in a research note on Tuesday, April 1st. They now have a $79.00 price target on the stock. Three analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $77.53.
Aetna Inc (NYSE:AET) is a diversified healthcare benefits company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.