Though membership continued to increase, Humana Inc. (NYSE:HUM) saw third-quarter earnings fall by 14 percent due to an increase in operating costs. The company reported a profit of $368 million, or $2.31 a share down from $426 million, or $2.62 a share last year. Revenue rose 6.9 percent to $10.32 billion driven largely by higher than average individual and group Medicare membership. Analysts polled had projected earnings of $2.15 a share and revenue of $10.3 billion. Humana revised its FY 2014 guidance projecting a profit of $7.25 to $7.75 a share compared with the $8.69 consensus estimate from analysts. Humana expects revenue of $43.5 billion to $46.5 billion in 2014, above analysts’ estimate of $43.16 billion.

We are pleased that our operating results continue to show the strength of our base business,” said Bruce D. Broussard, President and Chief Executive Officer of Humana. “Additionally, we believe our integrated care delivery model capabilities, like value-based provider contracting, chronic care management and advanced data analytics, provide a successful platform for the emerging opportunities and the challenges of the Medicare payment pressures in the coming years.”

Molson Coors Brewing Company (NYSE:TAP) saw Q3 net income decline by $121.8 million, or $0.66 per share. This is in comparison to the $198.4 million, or $1.09 reported in the same quarter last year. After tax income rose to $268.1 million from $248.9 million, with underlying earnings per share improving to $1.45 from the prior year’s $1.37. Analysts had expected TAP to report earnings of $1.39 per share for the quarter. Net sales of $1.17 billion marked a 2 percent decrease year-over-year.

Molson Coors President and Chief Executive Officer Peter Swinburn said, “In the third quarter, Molson Coors increased underlying after-tax earnings nearly 8 percent, expanded gross margins and underlying pretax margins, grew underlying EBITDA and free cash flow, and reduced our debt. As we anticipated on our earnings call last quarter, consumer demand was weak across our markets. Despite poor consumer uptake, we have continued to invest in our core brands. Our innovation pipeline is delivering a mid-single-digit percent of sales, and our owned above-premium brand portfolio is growing at a double-digit rate globally.”

Apparel company Ralph Lauren Corp (NYSE:RL) released earnings this morning that saw the company’s second-quarter 2014 net revenues increase by 3 percent to $1.9 billion. The company reported net income of $205 million, or $2.23 per diluted share for the quarter, compared to net income of $214 million, or $2.29 per diluted share, for the same quarter of 2013. RL’s Board of Directors declared a 12.5 percent increase in the regular quarterly cash dividend on the company’s common Stock. The new quarterly cash dividend is now $0.45 per share.

Our results for the first half of Fiscal 2014 position us well for the year,” said Ralph Lauren, Chairman and Chief Executive Officer. “We have extraordinary leadership and a passionate team that is executing with excellence. I am excited about the growing momentum in our business worldwide and confident in the relevance of our strategies to deliver meaningful shareholder value creation over the long term. The Board’s decision to raise the quarterly dividend demonstrates its conviction in the Company’s growth initiatives and a commitment to returning cash to shareholders.”

Disclosure: Author represents that he has no position in any stocks mentioned in this article at the time this article was submitted.