Subscribe
Business

Summary Box: Aetna 2Q profit falls 15 pct

By The Associated Press
Published
Add Washington Examiner on Google

THE RESULTS: Health insurer Aetna Inc.’s second-quarter earnings tumbled almost 15 percent. It earned $457.6 million, or $1.32 per share. That’s down from $536.7 million, or $1.39 per share, a year ago. Revenue rose 6 percent to $8.84 billion.

THE FACTORS: Aetna’s performance last year was helped by a $188 million pretax gain recorded because claims left over from previous quarters came in lower than expected. The gain shrank to $38 million this year.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.