Humana: Q3 Earnings Snapshot

Published 4 days ago Positive
Humana: Q3 Earnings Snapshot
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LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Wednesday reported third-quarter profit of $195 million.

On a per-share basis, the Louisville, Kentucky-based company said it had profit of $1.62. Earnings, adjusted for non-recurring costs, came to $3.24 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share.

The health insurer posted revenue of $32.65 billion in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $31.98 billion.

Humana expects full-year earnings to be $17 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUM at https://www.zacks.com/ap/HUM

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