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Aetna to uphold 2010 earnings outlook

Aetna plans to reaffirm its earnings for 2010 but has chosen a more subdued forum in which to make the declaration, citing “the current political environment.”

Aetna had planned a conference with investors in New York City on Friday, but the company has canceled it and will hold a conference call instead.

Fred Laberge, a spokesman for Aetna, told HBJ Today that the company is scaling back the event because lawmakers in Washington D.C. are on the verge of voting on a potential health care reform package.

“We concluded it would be better to do a conference call instead,” Laberge said.

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During the call, Aetna’s Chief Financial Officer Joseph M. Zubretsky will reaffirm the company’s previously disclosed full-year 2010 operating earnings guidance of $2.55 to $2.65 a share, the company said.

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