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HUM Humana Inc

321.9497
7.74 (2.46%)
After Hours
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Humana Inc NYSE:HUM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  7.74 2.46% 321.9497 321.31 312.4333 314.40 1,677,474 00:00:00

Humana 1Q Profit Falls, Beats Revenue Forecasts

29/04/2020 12:26pm

Dow Jones News


Humana (NYSE:HUM)
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From May 2019 to May 2024

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By Maitane Sardon

 

Humana Inc. on Wednesday said its profit for its first quarter fell, but the health insurer's revenue beat analysts' expectations.

Humana reported net earnings of $717 million, or $3.56 a share, compared with $746 million, or $4.16 a share, a year ago. Adjusted earnings were $5.40 a share for the latest quarter.

Analysts polled by FactSet were expecting earnings of $4.61 a share, or $4.66 a share on an adjusted basis.

Revenue rose to $18.93 billion from $16.1 billion a year earlier. Analysts had expected $18.4 billion of revenue in the quarter.

The company said the financial impact of the coronavirus pandemic wasn't material to its results during the first quarter.

It expects earnings per share for fiscal 2020 between $16.04 to $16.54, and it reaffirmed its adjusted earnings per share guidance range of $18.25 to $18.75 while "acknowledging the inherent uncertainty surrounding the ongoing crisis."

 

Write to Maitane Sardon at maitane.sardon@wsj.com

 

(END) Dow Jones Newswires

April 29, 2020 07:11 ET (11:11 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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