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Health Net (HNT) lowers guidance, now seeing FY13 EPS in the range of $2.00 - $2.10, below...

Health Net (HNT) lowers guidance, now seeing FY13 EPS in the range of $2.00 - $2.10, below consensus estimates of $2.12. Revenue is expected to come in around $10.7B - $11.2B, with Street consensus at $12.08B. The company says the lower estimates are largely due to ongoing product and geographic mix shifts, plus higher overall costs. Shares -11% AH.

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Comments (1)
  • mungbean
    , contributor
    Comments (76) | Send Message
     
    When I listened to conference call replays a year ago on this company, I was floored by the lack of command of the english language of management. Roughly 15% of the words used was "um". Absolutely incredible. Like you know, it's really hard to run a managed care company. There's so much going on, it's like - you know, we have a lot to do, you know? - (future CEO)
    18 Dec 2012, 06:11 PM Reply Like
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