Sector Update: Health Care

By Staff,

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Health-care shares were mixed in pre-market trade Wednesday.

In health-care stocks news, Hospira ( HSP ), which provides injectable drugs and infusion technologies, reported Q2 adjusted diluted earnings per share were $0.72 and net sales for Q2 were $1.1 billion.

The Street expected earnings of $0.57 per share on revenue of $1.1 billion, according to Capital IQ. GAAP Q2 earnings per share were $0.42.

And, Humana ( HUM ) has reported Q2 results that were in line with the Street view on EPS and beat projections on total revenues, fueled by membership growth in the Retail and Employer segments.

The company reported Q2 EPS of $2.19, down from $2.63 in Q2 2013 but in line with analyst estimates. Total revenues were $12.22 billion, up from $10.32 billion in Q2 2013 and surpassing analyst expectations of $11.94 billion.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: HSP , HUM

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