NEW YORK (AP) — Health insurer Aetna Inc. on Wednesday raised its forecast for 2011 and 2012 earnings, citing strong results in October and November.
In the filing with the U.S. Securities and Exchange Commission, Aetna raised its forecast of 2011 operating earnings to $5.15 per share. That's up from a $5-per-share estimate in late October, and it's better than the $5.02 per share prediction of analysts surveyed by FactSet.
The company said 2012 operating earnings should be about $5 per share — up from a forecast of at least $4.80 per share in October. Analysts expected $4.96 per share.
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