By Bowdeya Tweh

Aetna Inc.'s (AET) third-quarter profit rose 19% from a year earlier to $1 billion, or $3.03 a share. Excluding one-time items, Aetna earned $2.96 a share.

Analysts polled by Refinitiv expected adjusted earnings of $2.83 a share.

Aetna's medical membership as of Sept. 30 was 22.15 million, compared with 22.08 million as of June 30 and 22.17 million a year earlier.

Revenue rose 3% from a year earlier to $15.48 billion. Analysts expected $15.29 billion.

The U.S. Justice Department cleared CVS Health Corp.'s acquisition of Aetna earlier this month after the companies took steps to ease regulators' concerns about the transaction.

Write to Bowdeya Tweh at bowdeya.tweh@wsj.com

 

(END) Dow Jones Newswires

October 30, 2018 07:11 ET (11:11 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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