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Stock impact report

Health insurer Humana's third-quarter profit beats expectations [Reuters]

Humana Inc. (HUM) 
Last humana inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: humana.gcs-web.com
Company Research Source: Reuters
Health insurer Humana's third-quarter profit beats expectations | Reuters 2 Min Read (Reuters) - Humana Inc ( HUM.N ) reported third-quarter profit that beat Wall Street estimates on Wednesday and the U.S. health insurer raised its full-year profit forecast, helped by strong demand for health plans in its core Medicare Advantage business for people who are older than 65 or with disabilities. Unlike rivals Aetna Inc ( AET.N ) and Cigna Corp ( CI.N ), Humana has prioritized smaller deals, such as buying health care services companies that provide hospice service and home healthcare. Humana’s deal to be purchased by Aetna Inc ( AET.N ) two years ago failed to pass antitrust scrutiny. The company raised its adjusted earnings per share forecast for 2018 to $14.40 per share, from a prior estimate of about $14.15 per share. The company’s adjusted consolidated benefit ratio, the percentage of premiums spent on claims, improved to 82 percent in the quarter from 82.4 percent last year. Show less Read more
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