Humana posts stronger-than-expected Q1 earnings and raises guidance

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Humana Inc. the healthcare company that specializes in Medicare insurance, said Wednesday it had net income of $1.614 billion, or $9.87 a share, in the first...

Humana Inc. HUM, the healthcare company that specializes in Medicare insurance, said Wednesday it had net income of $1.614 billion, or $9.87 a share, in the first quarter, up from $1.220 billion, or $7.29 a share, in the year-earlier period. Adjusted per-share earnings came to $9.38, ahead of the $9.27 FactSet consensus. Revenue rose to $26.742 billion from $23.970 billion, also ahead of the $26.428 billion FactSet consensus.

29 a share, in the year-earlier period. Adjusted per-share earnings came to $9.38, ahead of the $9.27 FactSet consensus. Revenue rose to $26.742 billion from $23.970 billion, also ahead of the $26.428 billion FactSet consensus. The company said it has adjusted year-earlier numbers to reflect the exit of the employer group commercial medical products business, which it announced on Feb. 23.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines