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Will Humana (HUM) Stock Be Helped By Q2 Beat?

NEW YORK (TheStreet) -- Humana (HUM) reported better-than-expected results before today's market open and raised its full-year earnings guidance for 2016.

The health care company posted earnings of $2.30 per share, beating analysts estimated $2.23 per share. Revenue rose 2% year-over-year to $14 billion, surpassing analysts projected $13.59 billion.

Humana also raised its 2016 earnings forecast, saying the company is returning to "target margin levels more quickly" than anticipated. The company expects full-year earnings to come in at approximately $9.25 per share, up from its prior estimation of about $8.32 per share.

Additionally, Humana and Aetna (AET) announced...