Humana Inc. (HUM) reported second quarter net income of $2.16 per share after the close Monday, down from $2.71 per share in the previous year. The consensus estimate was for EPS of $2.28. The company expects to report third quarter EPS of $2.00 to $2.10 and lowered its full year forecast to between $6.90 and $7.10, from prior guidance of $7.38 to $7.58. The consensus estimates are for EPS of $2.55 and $7.93. The stock is now down 8.89 on 56K shares.
Humana was range-bound throughout Monday's session and closed up by 0.03 at $70.55. The stock rebounded off of support on Friday, following a one-month decline.
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