expects to exceed analysts' expectations for the third and fourth quarters, citing better-than-expected investment income and administrative and medical costs ratios, as well as strong commercial enrollment.
The managed health-care company said it expects third-quarter earnings of 89 cents to 93 cents a share, compared with the
First Call/Thomson Financial
15-analyst estimate of 79 cents a share. For the fourth quarter, the company expects to earn 82 cents to 86 cents a share, while analysts are looking for 80 cents a share. The EPS estimates exclude realized gains and losses.
Shares of Trigon Healthcare closed
New York Stock Exchange
trading higher by 3.25%, or $1.88, at $59.50.