Shares in Aetna Inc. (AET 44.00) were near unchanged in premarket trade Thursday after the insurance company reported in-line earnings, issued in-line first quarter guidance, and upped full year 2007 guidance.
AET reported fourth quarter earnings of $0.76 per share, excluding non-recurring items, in line with consensus. Revenues rose 8.4% year over year to $6.36 bln versus consensus of $6.29 bln.
The company issued in-line guidance for the first quarter, seeing earnings per share of $0.77. The company issued upside guidance for the full year of 2007, seeing earnings per share of $3.30, up from previous guidance of $3.26, vs. $3.26 consensus.
See an analysis of AET's earnings in a Large Cap column to be posted later today.
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