Humana raises annual profit forecast
Reuters07-30
Humana raises annual profit forecastJuly 30 (Reuters) - Humana HUM.N on Wednesday raised its annual profit forecast, as the U.S. health insurer bets on its efforts to rein in higher medical costs that have plagued the sector.
The company now expects full-year profit to be about $17 per share, compared with its previous estimate of about $16.25. Analysts on average were expecting a profit of $16.38 per share.
(Reporting by Sriparna Roy and Sneha S K in Bengaluru; Editing by Sriraj Kalluvila)
((Sriparna.Roy@thomsonreuters.com;))
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