Humana beats 3Q profit forecasts, hikes 2017 outlook
Company shares jumped in early trading Wednesday, after the insurer detailed results.
Humana said that it now expects 2017 adjusted earnings of about
Analysts expect earnings of
In the third quarter, Humana's net income jumped 11 percent to
Analysts expected, on average, earnings of
The insurer booked a
Humana is one of the nation's biggest providers of Medicare Advantage coverage, which involves privately run versions of the federal Medicare program for people who are over 65 or disabled. The insurer covered nearly 3.3 million people through either group or individual Medicare Advantage plans in the third quarter.
Shares of
The stock price has grown more than 26 percent since the beginning of the year, while the
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a
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