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Humana, Spotify, Coty: Companies to Watch

Yahoo Finance
·1-min read

Here are the companies the Yahoo Finance team is watching for you today.

Humana (HUM) reported fourth-quarter profit and revenue that beat expectations. The health plan administration cited a "solid performance" by the company's Medicare Advantage and Healthcare Services business. The stock has rallied more than 16% over the past three months

Spotify (SPOT) is out with its fourth quarter earnings report. The music streaming platform touted more subscribers and total users than expected, but posted a larger loss than what was forecasted for the quarter. The company is also out with news this morning that it will be acquiring ‘The Ringer,’ an entertainment podcast founded by Bill Simmons, in an effort to expand its sports content library.

Coty (COTY), the company that owns brands like Gucci, Burberry, and Sally Hansen is getting a boost today. The beauty company reported earnings and revenue for its fiscal second quarter that beat expectations. Coty also offered upbeat guidance.