Ok, I guarantee you there is a direct link to this type of news and our lower commissions. We got screwed. Gov't actually allowed these companies to do better....for now. redistribution we can believe in, and now verify
INDIANAPOLIS (AP) -- Humana Inc. gave investors more signs that some insurers will be able to handle the health care overhaul's latest restrictions when it announced a new quarterly dividend and better-than-expected first-quarter results on Tuesday.
The Louisville, Ky., health insurer said it will start offering a 25-cent quarterly cash dividend this summer, and it earned $1.86 per share in 2011's first quarter. The performance topped Humana's previous forecast of $1.15 to $1.20 per share and came in much higher than Wall Street expectations.
Analysts surveyed by FactSet had expected, on average, earnings per share of $1.26 for the first quarter.
Humana also hiked its full-year earnings forecast to a range of $6.70 to $6.90 per share from $5.95 to $6.15 per share. Analysts expected $6.29 for the year.
Shares of Humana, which will release more details on its first-quarter performance Monday, climbed about 5 percent, or $3.59, to $76.27 in afternoon trading.
http://www.reuters.com/article/2011...eedType=RSS&feedName=globalMarketsNews&rpc=43
INDIANAPOLIS (AP) -- Humana Inc. gave investors more signs that some insurers will be able to handle the health care overhaul's latest restrictions when it announced a new quarterly dividend and better-than-expected first-quarter results on Tuesday.
The Louisville, Ky., health insurer said it will start offering a 25-cent quarterly cash dividend this summer, and it earned $1.86 per share in 2011's first quarter. The performance topped Humana's previous forecast of $1.15 to $1.20 per share and came in much higher than Wall Street expectations.
Analysts surveyed by FactSet had expected, on average, earnings per share of $1.26 for the first quarter.
Humana also hiked its full-year earnings forecast to a range of $6.70 to $6.90 per share from $5.95 to $6.15 per share. Analysts expected $6.29 for the year.
Shares of Humana, which will release more details on its first-quarter performance Monday, climbed about 5 percent, or $3.59, to $76.27 in afternoon trading.
http://www.reuters.com/article/2011...eedType=RSS&feedName=globalMarketsNews&rpc=43
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