Shares of Humana Inc. HUM, +8.37% bounced 2.0% in premarket trading Thursday, after closing at a three-month low in the previous session, as the health care services company raised its full-year profit outlook. The company now expects net earnings per share of “approximately $23.08,” up from a previous estimate of “approximately $20.30.” Excluding nonrecurring items, adjusted EPS guidance was raised to approximately $25.00 from approximately $24.75, compared with the FactSet consensus of $24.83. Humana, which is hosting an investor day Thursday, said it expects to grow enterprise earnings by about 10% per share, and introduced an adjusted EPS target of $37.00 for the year ending December 2025, which is well above the current FactSet consensus of $34.88. The stock has rallied 5.9% over the past three months through Wednesday, while the SPDR Health Care Select Sector ETF XLV, +0.56% has advanced 4.4% and the S&P 500 SPX, -1.13% has gained 4.1%.
