Aetna Sees Pension Hit to 2009 EPS (AET)
Posted on January 12, 2009 at 12:08 PM EST
Aetna (AET) just announced that pension expenses will lower its 2009 profits. The company sees a projected year-over-year increase in pension expense of $.54 per share. Aetna projects full-year 2009 operating earnings per share to be slightly lower than 2008. It is reaffirming 2008 EPS of $3.90-$3.95. Management cites the significant decline in the equity markets during [...]
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