Humana forecasts annual profit lower than estimates
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Humana has forecasted its annual profit to be slightly below Wall Street estimates, indicating that costs from its government-backed plans for older Americans will remain high for the rest of the year.
February 11, 2025 | 12:00 pm
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Humana's forecast for annual profit is slightly below Wall Street estimates, primarily due to elevated costs from its government-backed plans for older Americans.
Humana's announcement of lower-than-expected annual profit forecasts is likely to negatively impact its stock price in the short term. The elevated costs from government-backed plans suggest ongoing financial pressure, which investors may view unfavorably.
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