Steve Wevodau

Aetna Cuts 2009 Operating Earnings View on Pension Cost Increase - posted by Steven Wevodau

By Kevin Reynolds

Jan. 12 (Bloomberg) — Aetna Inc. reduced its forecast for 2009 operating earnings per share because of an increase in pension cost.

Including the projected year-over-year increase in pension expense of $.54 per share, Aetna now projects full-year 2009 operating earnings per share to be slightly lower than 2008.

Excluding the pension cost, the company sees 2009 operating earnings up 12 percent to 14 percent, in line with its prior view.

The information was distributed by Business Wire release.

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