BlogSpotTipsBlogSpotTips
  • Home
  • Education
  • Finance
  • Latest Internet News
    • Social Media
    • Software
  • Game
  • Contact Us !
Facebook Twitter Instagram
BlogSpotTipsBlogSpotTips
  • Home
  • Education
  • Finance
  • Latest Internet News
    • Social Media
    • Software
  • Game
  • Contact Us !
Facebook Twitter Instagram
BlogSpotTipsBlogSpotTips
Home»Finance»Aetna CEO: Our guidance is appropriately prudent
Finance

Aetna CEO: Our guidance is appropriately prudent

DeepBy DeepFebruary 28, 2016No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

In the wave of Monday morning’s earning reports Aetna topped the Street’s forecast, but missed on its 2016 projected earnings.

The health insurance giant earned an adjusted $1.37 per share in its latest quarter, beating estimates by 16 cents, and its revenue also topped forecasts. Aetna was helped by improved membership numbers and margins in its Medicare business. The company expects 2016 earnings of $7.75 per share, below estimates for $8.05 a share.

“I think Street consensus was built from a number of other aspects. Our stock is up today; our number was at least $7.75 a share, which is 10 percent of the baseline for ’15,” Aetna CEO Mark Bertolini said Monday on CNBC’s “Closing Bell.”

“We think our guidance is appropriately prudent at this time given all the changes that will happen in ’16 around the Affordable Care Act and the changes in taxes and fees in the Affordable Care Act,” Bertolini said.

Aetna shares rose 1.5 percent Monday.

[“source -cncb”]

Aetna appropriately CEO guidance is Our prudent
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Deep

Related Posts

Why asking, “How are you feeling today?” is so important for managers leading through change

July 28, 2022

Microsoft 365 Business Premium is the Best Plan for Most Businesses

June 13, 2022

Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials

June 3, 2022
Recent Post
  • Why asking, “How are you feeling today?” is so important for managers leading through change
  • SEPTEMBER 4TH GOOGLE UPDATE REPORTS ABOUT A MAJOR UPDATE
  • Writing an Article vs. Writing a Blog Post: What’s the Difference?
  • Microsoft 365 Business Premium is the Best Plan for Most Businesses
  • Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more
  • Stocks making the biggest moves premarket: Dick’s Sporting, Express, Wendy’s and more
  • Stellantis CEO warns of electric vehicle battery shortage, followed by lack of raw materials
  • Realme Pad Mini launched in India with 8.7-inch display, price starts at Rs 10,999
Search
  • Home
  • Privacy Policy
  • Contact Us !
© 2023 BlogSpotTips. Designed by BlogSpotTips.

Type above and press Enter to search. Press Esc to cancel.