Aetna AET releases its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's advanced look at Aetna's second quarter earnings report.
Earnings and Revenue:
Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.07 per share and revenues of $8.32 billion. Wall Street will be looking to see how this quarter's numbers compare to the year-ago quarter's positive EPS of $1.05 per share on revenues of $8.5 billion. We'll have to wait for Wednesday to see if Aetna reports a rise in EPS and revenue from the year-ago quarter, as analysts are expecting.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.96 | $0.61 | $0.67 | $0.73 |
EPS Actual | $1.43 | $0.63 | $0.84 | $1.05 |
Stock Performance:
Shares of Aetna were trading at $43.22 as of July 21, 2011. Since January 1st, shares of Aetna have given investors a return of 42.7%. For a full 12 months, the return has risen by 41.2%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Aetna is a Moderate Buy. Over the past three months this rating's strength has declined slightly.Competitors:
Wondering how some of the other healthcare companies are doing? Here are a few of Aetna's peers in that sector.- CIGNA CI: Hold with a $1.37 recent quarter EPS
- Centene CNC: Hold with a $0.46 recent quarter EPS
- Coventry Health Care CVH: Hold with a $0.66 recent quarter EPS
- Health Net HNT: Hold with a $0.61 recent quarter EPS
The medical-HMO company's industry has seen price/earnings growth of 1.1% during the current fiscal year.
Finally, a description of the company's main areas of operation: Aetna Inc. is a health insurance company. It provides its customers, ranging from individuals to employer groups to governmental units, with traditional and consumer-directed health care benefits products and related services, such as medical, pharmaceutical, dental, behavioral health, group life and disability plans.
Take Action:
That's your advanced look at Aetna's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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