Humana Inc. (NYSE:HUM) is set to announce third quarter earning results on Tuesday 3rd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, HUM to report 3Q20 income of $ 2.81 per share.
For the full year, analysts anticipate top line of $ 75182.30 million, while looking forward to income of $ 18.96 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 18.25 ~ $ 18.75 per share
Click Here For More Historical Outlooks Of Humana Inc.
Previous Quarter Performance
Humana Inc. unfold income for the second quarter of $ 12.56 per share, from the revenue of $ 19,083.00 million. The quarterly earnings increased 107.60 percent while revenues increased 17.47 percent compared with the same quarter last year.
According to street consensus, HUM was expected to report 2Q20 income of $ 10.27 per share from revenue of $ 18629.60 million. The bottom line results beat street analysts by $ 2.29 or 22.30 percent, at the same time, top line results outshined analysts by $ 453.40 million or 2.43 percent.
Stock Performance
Shares of Humana Inc. traded up $ 9.30 or 2.33 percent on Monday, reaching $ 408.58 with volume of 1.06 million shares. Humana Inc. has traded high as $ 413.02 and has cracked $ 398.87 on the downward trend
The closing price of $ 408.58, representing a 91.73 % increase from the 52 week low of $ 208.25 and a 11.16 % decrease over the 52 week high of $ 449.43.
The company has a market capital of $ 54.05 billion and is part of the Healthcare sector and Health Care Plans industry.
Recent Analyst recommendations
- On 2nd October 2020, initiated by Bernstein at Market Perform rating, with $ 459.00 target price.
- On 1st October 2020, maintained by Piper Sandler at Overweight rating, with $ 495.00 target price.
- On 10th September 2020, maintained by Deutsche Bank at Hold rating, with $ 431.00 target price.
Conference Call
Humana Inc. will be hosting a conference call at 9:00 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.humana.com
Humana Inc., together with its subsidiaries, operates as a health and well-being company in the United States. The company offers medical and supplemental benefit plans to individuals. It also has contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits.
