Coventry Health Care Ready for its Quarterly Earnings Release

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Coventry Health Care Ready for its Quarterly Earnings Release

Published on Thursday, 29 July 2010 10:30 Written by Danny Miller

cvh New York, July 29th (TradersHuddle.com) - Shares of Coventry Health Care, Inc. (NYSE:CVH) are trading higher by +1.18% ahead of its quarterly earnings release. Coventry Health Care, the Maryland based managed healthcare provider is expected to release its quarterly results on July 30^th.

Wall Street Analysts consensus calls for a profit of $0.52 a share on $2.84 billion revenue.

Coventry Health Care estimates have a range of $0.24 a share. The high estimate calls for profit of $0.66 a share and the low estimate is calling for a profit of $0.42 a share, a year ago for the quarter the company reported $0.5 a share.

Coventry Health Care, Inc. (NYSE:CVH) is a managed health care company operating health plans and insurance companies under a variety of names. The Company provides health maintenance organization, preferred provider organization, point of service, Medicare and Medicaid, and Network Rental to members in markets throughout the Midwest, Mid-Atlantic, and Southeast.

UPDATE: Citigroup Cuts PT to $37 on Coventry Health - Benzinga
Bank of America: Coventry Health Care's Q4 and 2012 Guidance In-Line - Benzinga
Deutsche Bank: Coventry Health Care 4Q Miss on Higher MLR and Tax Rate - Benzinga

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