The stock market might be at an all-time high, but that doesn’t mean there aren’t opportunities available to investors who want to buy low in the hopes of eventually selling high. In fact, one could argue that there are more deals to be had in the current market than at anytime in recent memory. Because the gains in today’s market are heavily concentrated in technology stocks, especially those tied to artificial intelligence (AI), stocks of many well-known companies in other industries are down right now an ...

Loading...Loading...The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest list of maj ...

Shares of Humana (HUM -11.69%) are down 11.7% on Thursday after the health insurance giant announced weaker-than-expected quarterly results and light profit guidance for the coming year.Higher medical costs are eating into Humana's profitsHumana's fourth-quarter revenue grew 17.9% year over year to $26.42 billion, beating expectations for revenue closer to $25.6 billion. On the bottom line, however, Humana swung to a non-GAAP (adjusted) quarterly net loss of $0.11 per share, compared to net income of $1.97 ...

Humana Inc. (HUM) delivered weak fourth-quarter 2023 earnings, driven by higher benefits expenses, operating costs and lower medical memberships. The rising costs trend forced the company to let go of the 2025 EPS target it provided earlier. The negatives were partially offset by premium growth, increased investment income and strength witnessed in the CenterWell unit.It posted adjusted earnings per share (EPS) of 11 cents, missing the Zacks Consensus Estimate of a loss of 7 cents. It reported an earnings o ...

Humana Inc. (NYSE:HUM) Q4 2023 Earnings Conference Call January 25, 2024 9:00 AM ET Company Participants Lisa Stoner - Vice President of Investor Relations Bruce Broussard - Chief Executive Officer James Rechtin - President and Chief Operating Officer Susan Diamond - Chief Financial Officer Conference Call Participants Kevin Fischbeck - Bank of America Securities Justin Lake - Wolfe Research Stephen Baxter - Wells Fargo Securities Ann Hynes - Mizuho Securities AJ Rice - UBS Ben Hendrix - RBC Capital Markets ...

Signage is displayed on a Humana Inc. office building in Louisville, Kentucky, U.S., on Sunday, Feb. 3, 2019. Humana is scheduled to release earnings figures on February 6. Photographer: Luke Sharrett/Bloomberg via Getty ImagesShares of Humana plummeted on Thursday after the health insurer issued dismal full-year earnings guidance, citing soaring medical costs that are dogging the broader insurance industry.Those expenses have spiked as an increasing number of older adults return to hospitals to undergo pro ...

Humana (HUM) reported $25.73 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 14.7%. EPS of -$0.11 for the same period compares to $1.62 a year ago.The reported revenue represents a surprise of +1.35% over the Zacks Consensus Estimate of $25.39 billion. With the consensus EPS estimate being -$0.07, the EPS surprise was -57.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Humana (HUM) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -57.14%. A quarter ago, it was expected that this health insurer would post earnings of $7.15 per share when it actually produced earnings of $7.78, delivering a surprise of 8.81%.Over the last four quarters, the company has sur ...

Humana Inc.’s stock HUM, -1.26% fell 17% early Thursday, after the managed care company’s quarterly loss widened amid soaring medical costs. Humana posted a loss of $491 million, or $4.42 a share, for the quarter, wider than the loss of $71 million, or 12 cents a share, posted in the year-earlier period. The company’s adjusted per-share loss came to 11 cents, while FactSet was expecting EPS of 89 cents. The number reflects additional increases in Medicare Advantage medical cost trends, which rose on higher- ...