Dive Brief:
- Aetna's fourth-quarter net income jumped 94% year-over-year, from $190.1 million in 2012 to $358.9 million in 2013.
- Aetna reported about $13.2 billion in revenue for the three months ending Dec. 31, up almost 33% from $9.9 billion in the fourth quarter of 2012.
- For the full year ending Dec. 31, Aetna reported net income of $1.9 billion, up 15% from almost $1.7 billion in 2012.
Dive Insight:
Aetna seems have re-gathered its momentum after missing analysts' expectations for third-quarter profits. For one thing, its full year revenues were up from 2012 by 29%, to $47.3 billion. While the company has said that it expects 2014 to be challenging, it's sticking with its earnings per share estimates for the year. All told, it seems that despite uncertainties created by the ACA, Aetna expects to do just fine.