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Humana forecasts 2026 profit below estimates.
companies :: 11hrs ago :: source - reuters
By Reuters
(Reuters) - Humana forecast annual profit below Wall Street estimates on Wednesday, as the health insurer expects a hit from lower quality ratings for its Medicare Advantage plans for older adults.
Humana stock fell 5% before the bell on Wednesday following the news on its earnings.
The company expects full-year 2026 adjusted profit to be at least $9 per share, compared with analysts' average estimate of $11.92 per share, according to data compiled by LSEG.
(Reporting by Puyaan Singh and Sriparna Roy in Bengaluru; Editing by Shilpi Majumdar)
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