Humana 4Q Earnings Beat Estimates
February 06 2019 - 6:20AM
Dow Jones News
By Chris Wack
Humana Inc. (HUM) on Wednesday reported fourth-quarter earnings
that beat analysts' estimates, fueled by continued strong Medicare
Advantage results.
The health insurer reported a profit of $436 million, or $2.58 a
share. Analysts polled by FactSet expected net income of $343
million, or $2.39 a share.
Adjusted per-share earnings came in at $2.65, while analysts
expected $2.53 a share.
Revenue was $14.17 billion, topping analysts' forecasts of
$13.94 billion.
Humana issued guidance for 2019, looking for a full-year EPS of
$16.60 to $17.10, and adjusted EPS of $17 to $17.50. The company
also raised its quarterly dividend to 55 cents a share from 50
cents.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 06, 2019 07:05 ET (12:05 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Humana (NYSE:HUM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Humana (NYSE:HUM)
Historical Stock Chart
From Jul 2023 to Jul 2024
