Humana Update
A Technical Overview
This morning, Humana made an adjustment to their EPS by slashing it by ~10%. “The health insurance services company expects earnings per-share of about $20 and adjusted earnings-per share around $26.09, according to a regulatory filing. It forecast earnings per-share of at least $26.91 and adjusted earnings per-share of at least $28.25 in September.”1 This sent shares by -13% in the premarket. Given this news, here is my update to my charts.