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Bullboard - Stock Discussion Forum AETNA Inc AET

"Aetna is one of the largest managed-care organizations in the U.S., with over 22 million medical members. This large member count helps the firm diversify its operating risk and has formed the basis for material competitive advantages. The firm provides health insurance services to its members through products that encompass every major insurance market--individual, group, and government... see more

NYSE:AET - Post Discussion

AETNA Inc > Aetna Reports Fourth-Quarter and Full-Year 2012 Re
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Post by bc4u on Jan 31, 2013 4:12pm

Aetna Reports Fourth-Quarter and Full-Year 2012 Re

Aetna Reports Fourth-Quarter and Full-Year 2012 Results
Fourth-quarter 2012 operating earnings per share (1) were $.94
Full-year 2012 operating earnings per share (1) were $5.13
Net income per share was $.56 for the fourth quarter 2012 and $4.81 for the full year
Total medical benefit ratio was 84.1 percent in the fourth quarter 2012 and 82.2 percent for the full year
Revenue (2) increased 5 percent for the fourth quarter of 2012 and 6 percent for full-year 2012 over the corresponding periods of 2011
Medical membership increased in the fourth quarter of 2012 and totaled 18.2 million members at December 31, 2012
Aetna reaffirms full-year 2013 projected operating earnings per share of at least $5.40 (3)
HARTFORD, Conn., Jan 31, 2013 (BUSINESS WIRE) --Aetna (NYSE: AET) today announced fourth-quarter 2012 operating earnings (1) of $317.0 million, or $.94 per share. Full-year 2012 operating earnings (1) were $1.77 billion, or $5.13 per share. Net income for the fourth quarter of 2012 was $190.1 million, or $.56 per share, and includes $.44 per share of charges for other items, primarily a litigation-related settlement, offset by $.06 per share of net realized capital gains. Full-year net income was $1.66 billion, or $4.81 per share.
Financial Supplement
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