midpoint

The managed care company had called for earnings of “no less than $19” in July, down from $22 at the midpoint of the previous range and marking the second guidance cut in weeks.

The midpoint of the higher outlook is above analyst expectations of $7.99 a share.

The midpoint of the range remains the same, at $5.15, and is in line with analysts’ expectations.

The midpoint of $5.15 remains the same and is in line with analysts’ expectations for the full year.

“The committee remains open to further reductions in the OCR as required for inflation to settle sustainably near the 2.0% target midpoint in the medium term,” it added.