Aetna Reports First-Quarter 2017 Results

Aetna press release May 2, 2017 ------- Aetna (NYSE: AET) announced a first-quarter 2017 net loss of$381 million, or $1.11 per share, and adjusted earnings of $939 million, or $2.71 per share. Aetna's first-quarter 2017 results reflect a strong start to the year despite costs associated with the termination of the Humana Merger Agreement, which was the primary driver of the first-quarter 2017 net loss. “Our first quarter performance demonstrates the power of the disciplined execution of Aetna’s strategy,” said Mark T. Bertolini, Aetna chairman and CEO. “This strong start to the year has enabled Aetna to absorb continued pressure from our individual Commercial products while increasing investment in our growth initiatives and raising our full-year 2017 earnings per share projections.” “Our increased shareholder dividend and accelerated share repurchase announced earlier this year speak to the strength of Aetna’s capital position and commitment to delivering strong returns for shareholders,” said Shawn M. Guertin, Aetna executive vice president and chief financial officer. To learn more click on the picture below to read the release.