Big health insurers top Wall Street earnings forecasts so far for 2nd quarter
By APWednesday, July 28, 2010
Big health insurers top 2Q earnings forecasts
The three largest commercial health insurers all beat Wall Street expectations for second-quarter earnings. Other big insurers like Cigna Corp. and Humana Inc. have yet to report results.
Here are the net income and health insurance enrollment totals for UnitedHealth Group Inc., WellPoint Inc. and Aetna Inc. and how they compare to the 2009 second quarter:
— UnitedHealth: profit, $1.12 billion (up 31 percent); enrollment, 32.5 million (up 1 percent)
— WellPoint: profit, $772.4 million (up 4 percent); enrollment, 33.5 million (down 2 percent)
— Aetna: profit, $491 million (up 42 percent); enrollment, 18.6 million (down 2 percent)
Source: Company filings
Filed under: Corporate, Corporate News, Finance, Financial Performance, Financial Services, Industries
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