Aetna Inc. is one of the nation's leading diversified healthcare benefits companies, serving an estimated 46.3 million people. Aetna is a solid company, with a diversified revenue stream that should be beneficial in this changing environment.

Aetna proposed to acquire Humana Inc. last year. The deal would have enabled it to penetrate the penetrate fast growing the Medicare space.  However, the company has been sued by the U.S. Department of Justice and there now remains uncertainty around the closing of the deal.

Aetna has a pretty good earnings track record with the company delivering positive earnings surprises in each of the last four quarters with an average surprise of 8.98%.

Currently, Aetna has a Zacks Rank #2 (Buy), but that could definitely change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

The Bottom Line: Aetna beats on earnings. Our consensus called for EPS of $2.11 and the company reported earnings per share of $2.21. Earnings increased 8% on an year over year basis.

The Top Line: Revenues also came in ahead of expectations. Aetna posted revenues of $15.95 billion, higher than our consensus estimate of $15.74 billion.

Key Stats: Total operating expenses were $2.8 billion for the second quarter of 2016.

Medical membership remained flat at 23.0 million in the second quarter.

For the full year 2016, Aetna expects earnings in the range of $7.90 to $8.10 per share.

AETNA INC-NEW Price and EPS Surprise

AETNA INC-NEW Price and EPS Surprise | AETNA INC-NEW Quote

Check back later for our full write up on this AET earnings report later!

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