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Humana Intends To Reaffirm EPS Guidance Of About $17.97/Share

Tuesday, 3 Sep 2019

Sept 3 (Reuters) - Humana Inc ::INTENDS TO REAFFIRM GUIDANCE OF ABOUT $17.97 IN DILUTED EPS, OR ABOUT $17.60 IN ADJUSTED EPS, IN EACH CASE FOR YEAR ENDING DEC 31, 2019.FY2019 EARNINGS PER SHARE VIEW $17.65 -- REFINITIV IBES DATA.

Cigna Corp Says Co's Officials Expect To Participate In Meetings With Investors And Analysts Over Next Several Weeks - SEC Filing

Wednesday, 28 Aug 2019

Aug 28 (Reuters) - Cigna Corp ::CIGNA CORP SAYS CO'S OFFICIALS EXPECT TO PARTICIPATE IN MEETINGS WITH INVESTORS AND ANALYSTS OVER NEXT SEVERAL WEEKS - SEC FILING.CIGNA CORP - DURING MEETINGS, CIGNA OFFICIALS EXPECT TO REAFFIRM PROJECTED FULL YEAR 2019 CONSOLIDATED ADJUSTED INCOME FROM OPERATIONS.CIGNA CORP - PROJECTED FULL YEAR 2019 CONSOLIDATED ADJUSTED INCOME FROM OPERATIONS REMAINS IN RANGE OF $6.34 BILLION TO $6.46 BILLION.

FTC Approves Final Order Imposing Conditions On UnitedHealth Group's Proposed Acquisition Of Davita Medical Group

Thursday, 22 Aug 2019

Aug 22 (Reuters) - FTC::FTC SAYS APPROVES FINAL ORDER IMPOSING CONDITIONS ON UNITEDHEALTH GROUP’S PROPOSED ACQUISITION OF DAVITA MEDICAL GROUP.FTC - ORDER IMPOSING CONDITIONS ON UNITEDHEALTH'S PROPOSED ACQUISITION OF DAVITA MEDICAL GROUP WILL PRESERVE COMPETITION IN LAS VEGAS AREA OF NEVADA.FTC SAYS ORDER REQUIRES UNITEDHEALTH TO DIVEST DAVITA MEDICAL GROUP’S HEALTHCARE PROVIDER ORGANIZATION IN LAS VEGAS AREA TO INTERMOUNTAIN HEALTHCARE.FTC - COMMISSION VOTE APPROVING FINAL ORDER IMPOSING CONDITIONS ON UNITEDHEALTH GROUP’S PROPOSED ACQUISITION OF DAVITA MEDICAL GROUP WAS 4-0-1.

Centene Announces 2020 Health Insurance Marketplace Expansion

Tuesday, 13 Aug 2019

Aug 13 (Reuters) - Centene Corp ::CENTENE ANNOUNCES 2020 HEALTH INSURANCE MARKETPLACE EXPANSION.CENTENE CORP - CENTENE HAS STARTED PROCESS FOR SEEKING ALL NECESSARY REGULATORY APPROVALS IN TARGETED STATES FOR 2020.CENTENE - EXPANDING FOOTPRINT IN ARIZONA ,FLORIDA ,GEORGIA ,KANSAS , NORTH CAROLINA, OHIO, SOUTH CAROLINA, TENNESSEE, TEXAS & WASHINGTON.

Cigna CFO Says "Normal Seasonality" Hurt Medical Care Ratio

Thursday, 1 Aug 2019

Aug 1 (Reuters) - Cigna Corp ::CIGNA SAYS REMAINS ON TRACK FOR FULL YEAR OUTLOOK FOR HEALTH SERVICES UNIT, WHICH HOUSES PHARMACY BENEFITS BUSINESS; SAYS FUNDAMENTALS FOR THE BUSINESS ARE STRONG - CONF. CALL.CIGNA CONTINUES TO EXPECT HEALTH SERVICES EARNINGS TO BE HIGHER IN THE SECOND HALF OF 2019 THAN THE FIRST HALF - CONF. CALL.CIGNA SAYS TOP CAPITAL DEPLOYMENT PRIORITY IS DEBT REPAYMENT AND CO IS ON TRACK TO RETURN DEBT TO CAPITALIZATION RATIO TO UPPER 30'S BY END OF 2020 - CONF. CALL.CIGNA CONTINUES TO EXPECT TO DEPLOY ABOUT $4.2 BILLION TO DEBT REPAYMENT THIS YEAR- CONF. CALL.CIGNA SEES "TREMENDOUS GROWTH OPPORTUNITY" IN MEDICARE ADVANTAGE STARTING IN 2020 - CONF. CALL.CIGNA CFO SAYS "NORMAL SEASONALITY" HURT MEDICAL CARE RATIO - CONF. CALL.

Cigna Q2 Shareholders' Net Income Was $1.41 Bln, Or $3.70 Per Share

Thursday, 1 Aug 2019

Aug 1 (Reuters) - Cigna Corp ::CIGNA DELIVERS STRONG SECOND QUARTER 2019 RESULTS, RAISES REVENUE AND EARNINGS OUTLOOK.SHAREHOLDERS' NET INCOME FOR Q2 WAS $1.41 BILLION, OR $3.70 PER SHARE.TOTAL REVENUES IN Q2 WERE $38.8 BILLION.ADJUSTED INCOME FROM OPERATIONS FOR Q2 WAS $1.64 BILLION, OR $4.30 PER SHARE.Q2 EARNINGS PER SHARE VIEW $3.74, REVENUE VIEW $33.19 BILLION -- REFINITIV IBES DATA.ADJUSTED INCOME FROM OPERATIONS IS NOW PROJECTED TO BE IN RANGE OF $16.60 TO $16.90 PER SHARE IN 2019.SEES FY 2019 ADJUSTED REVENUES $136,000 MILLION TO $137,000 MILLION.SEES FY 2019 MEDICAL CARE RATIO 80.5% TO 81.5%.HEALTH SERVICES' ADJUSTED PHARMACY SCRIPTS ARE EXPECTED TO GROW 25 TO 35 MILLION SCRIPTS ORGANICALLY IN 2020.HEALTH SERVICES' PROJECTED 2020 RETENTION RATE FOR 2019 SELLING SEASON FOR PHARMACY SERVICES IS NOW IN RANGE OF 97% TO 98%.FY2019 EARNINGS PER SHARE VIEW $16.53, REVENUE VIEW $133.84 BILLION -- REFINITIV IBES DATA.

Humana CEO Continues To Expect "Reasonable Growth" In Adj. EPS In 2020

Wednesday, 31 Jul 2019

July 31 (Reuters) - Humana Inc ::HUMANA CEO SAYS INVESTING IN CAPABILITIES THAT FOCUS ON PRIMARY CARE, HOME, PHARMACY, BEHAVIORAL HEALTH AND SOCIAL DETERMINANTS OF HEALTH - CONF. CALL.HUMANA CEO SAYS BY END OF 2019 CO EXPECTS TO OPEN 40 NEW CLINICS, 9 OF WHICH HAVE ALREADY OPENED - CONF. CALL.HUMANA CEO SAYS WORKING WITH DIALYSIS PROVIDERS ON ALTERNATIVE CONTRACTING MODELS TO MAKE CARE MORE AFFORDABLE - CONF CALL.HUMANA CEO SAYS CONTINUES TO EXPECT "REASONABLE GROWTH" IN ADJUSTED EPS IN 2020 - CONF. CALL.HUMANA CEO SAYS CO CONTINUES TO URGE CONGRESS TO REPEAL INDUSTRY-WIDE HEALTH INSURER FEE, EXPECTED TO RETURN IN 2020 - CONF. CALL.HUMANA BELIEVES CO HAS STRUCK "THE APPROPRIATE BALANCE" BETWEEN MEMBERSHIP GROWTH AND MARGINS FOR INDIVIDUAL MEDICARE ADVANTAGE BUSINESS - CONF. CALL.HUMANA CEO SAYS MILLIONS OF SENIORS ACROSS INDUSTRY WILL LIKELY SEE A REDUCTION IN BENEFITS AND/OR INCREASED PREMIUMS NEXT YEAR FROM EXPIRATION OF HEALTH INSURANCE FEE MORATORIUM - CONF. CALL.HUMANA RAISES FY REVENUE GUIDANCE BY ABOUT $900 MILLION TO $64.2 BILLION TO $64.8 BILLION - CONF. CALL.HUMANA CFO SAYS CO WILL EXECUTE PRODUCTIVITY INITIATIVES AND INVEST IN AUTOMATION WITHIN CLINICAL AND PHARMACY SPACES, CUSTOMER SUPPORT SERVICES, ARTIFICIAL INTELLIGENCE AND MARKETING THIS YEAR - CONF. CALL.HUMANA SAYS MAY BE A "MULTI YEAR PATH" TO RETURN TO GROWTH IN PRESCRIPTION DRUG PLAN MEMBERS - CONF. CALL.

Humana Qtrly Adjusted Earnings Per Share $6.05

Wednesday, 31 Jul 2019

July 31 (Reuters) - Humana Inc ::HUMANA REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS; RAISES FULL YEAR 2019 EPS GUIDANCE.SEES FY 2019 ADJUSTED EARNINGS PER SHARE ABOUT $17.60.SEES FY 2019 GAAP EARNINGS PER SHARE ABOUT $17.97.QTRLY EARNINGS PER SHARE $6.94.Q2 GAAP EARNINGS PER SHARE $6.94.QTRLY ADJUSTED EARNINGS PER SHARE $6.05.Q2 EARNINGS PER SHARE VIEW $5.31 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $17.47 -- REFINITIV IBES DATA.INCREASED EXPECTED FULL-YEAR INDIVIDUAL MEDICARE ADVANTAGE MEMBERSHIP GROWTH TO A RANGE OF 480,000 TO 500,000 MEMBERS.INTENDS TO INITIATE $1.00 BILLION ACCELERATED SHARE REPURCHASE PROGRAM AFTER MARKET CLOSE.QTRLY REVENUES - GAAP $16.25 BILLION VERSUS $14.26 BILLION.QTRLY BENEFITS EXPENSE RATIO GAAP 84.4 % VERSUS 84.1 %.QTRLY BENEFITS EXPENSE RATIO - ADJUSTED 84.4% VERSUS 84.3%.QTRLY ADJUSTED BENEFITS EXPENSE RATIO 84.4% VERSUS 84.3%.Q2 REVENUE VIEW $15.93 BILLION -- REFINITIV IBES DATA.

Magellan Health Qtrly Adjusted Earnings Per Share $0.86

Tuesday, 30 Jul 2019

July 30 (Reuters) - Magellan Health Inc ::MAGELLAN HEALTH REPORTS SECOND QUARTER 2019 FINANCIAL RESULTS AND CONFIRMS FULL YEAR GUIDANCE.Q2 REVENUE FELL 1.2 PERCENT TO $1.8 BILLION.QTRLY EARNINGS PER SHARE $0.56.QTRLY ADJUSTED EARNINGS PER SHARE $0.86.BARRY M. SMITH, CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF MAGELLAN HEALTH, HAS DECIDED TO RETIRE.MAGELLAN HEALTH - MR. SMITH WILL CONTINUE TO SERVE AS CEO AND AS A MEMBER OF BOARD OF DIRECTORS TO ENSURE A SMOOTH AND ORDERLY TRANSITION.STEVEN J. SHULMAN, WHO CURRENTLY SERVES ON BOARD AS A DIRECTOR, HAS BEEN ELECTED CHAIRMAN OF BOARD.COMPANY IS MAINTAINING ITS 2019 GUIDANCE FROM MAY 2, 2019.Q2 EARNINGS PER SHARE VIEW $0.92, REVENUE VIEW $1.75 BILLION -- REFINITIV IBES DATA.

Anthem Q2 Earnings Per Share $4.36

Wednesday, 24 Jul 2019

July 24 (Reuters) - Anthem Inc ::ANTHEM REPORTS SECOND QUARTER 2019 RESULTS, RAISES FULL YEAR OUTLOOK.Q2 EARNINGS PER SHARE $4.36.Q2 REVENUE $25.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $24.87 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $4.61 -- REFINITIV IBES DATA.Q2 ADJUSTED EARNINGS PER SHARE $4.64.SEES FY 2019 REVENUE ABOUT $102 BILLION.FULL YEAR NET INCOME IS NOW EXPECTED TO BE GREATER THAN $18.34 PER SHARE.FULL YEAR ADJUSTED NET INCOME IS NOW EXPECTED TO BE GREATER THAN $19.30 PER SHARE.Q3 2019 DIVIDEND OF $0.80 PER SHARE DECLARED TO SHAREHOLDERS.QTRLY MEDICAL ENROLLMENT WAS 40.9 MILLION MEMBERS, REPRESENTING AN INCREASE OF 1.3 MILLION MEMBERS.MEDICAL ENROLLMENT TOTALED APPROXIMATELY 40.9 MILLION MEMBERS AT JUNE 30, 2019, AN INCREASE OF 1.3 MILLION, OR 3.3 PERCENT.BENEFIT EXPENSE RATIO WAS 86.7 PERCENT IN Q2 OF 2019, AN INCREASE OF 330 BASIS POINTS.FOR FY, CONTINUES TO EXPECT UNDERLYING LOCAL GROUP MEDICAL COST TREND WILL BE IN RANGE OF 6.0% +/- 50 BASIS POINTS..FOR FULL YEAR 2019, CONTINUES TO EXPECT UNDERLYING LOCAL GROUP MEDICAL COST TREND WILL BE IN RANGE OF 6.0% +/- 50 BASIS POINTS.NOW EXPECT INGENIORX TO ACHIEVE UPPER END OF OUR $0.70 - $0.90 GUIDANCE..BENEFIT EXPENSE RATIO IS NOW EXPECTED TO BE IN RANGE OF 86.2% - 86.5% FOR FY 2019.OPERATING REVENUE IS NOW EXPECTED TO BE ABOUT $102.0 BILLION, INCLUDING PREMIUM REVENUE OF $93.0 BILLION - $94.0 BILLION FOR FY 2019.MEDICAL MEMBERSHIP IS NOW EXPECTED TO BE IN RANGE OF 41,000,000 - 41,300,000 FOR FY 2019.

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