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Humana rises after annual profit forecast hike

By Reuters News23 hours ago Updated

** Shares of health insurer Humana HUM.N rise 3.7% to $427.30 premarket

** HUM raises annual profit forecast to a range of at least $9.50 per share, compared with a previous projection of at least $9 per share

** Co reports a medical loss ratio or percentage of premiums spent on patient care of 93.7%, compared to analysts' expectations of 94.39%, according to data compiled by LSEG

** Posts Q3 revenue of $41.16 bln, vs est of $40.89 bln

** As of last close, HUM up 60% YTD

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