Humana (NYSE:
HUM) reported a 13.6% drop in its third-quarter profit.
Humana's quarterly profit dropped to $368 million, or $2.31 per share, versus a year-ago profit of $426 million, or $2.62 per share.
Its revenue rose 6.9% to $10.32 billion from $9.65 billion. However, analysts were projecting earnings of $2.15 per share on revenue of $10.34 billion.
For 2014, Humana projects earnings of $7.25 to $7.75 per share.
Humana shares closed at $93.95 yesterday.
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