HARTFORD, Conn. (WTIC and AP) – Aetna is reporting a better-than-expected profit of $244 million for the fourth quarter.
The Hartford, Connecticut, company’s per-share profit was 74 cents, or $1.25 when adjusted for one-time charges and costs. That beat Wall Street projections by 7 cents, according to a poll of industry analysts by Zacks Investment Research.
The health insurer posted revenue of $14.85 billion. Adjusted revenue was $14.74 billion, which is just shy of analyst expectations for $14.89 billion.
There was no early trading Tuesday in shares of Aetna Inc., which are up 7 percent this year.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.