By Chris Wack
Humana Inc. (HUM) Wednesday set its fiscal 2020 outlook, with adjusted earnings guidance higher than analyst expectations.
The health insurer is looking for an adjusted profit of $18.25 to $18.75 a share. Analysts polled by FactSet are expecting $17.77 a share.
Humana said it is looking for 2020 earnings of $17.76 to $18.26 a share, while analysts expect earnings of $18.12 a share.
The company revised its fiscal 2020 stand-alone PDP membership to a decline of 550,000 members from a previous estimate of a 600,000 decline.
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