LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Wednesday reported first-quarter earnings of $1.24 billion.
The Louisville, Kentucky-based company said it had profit of $10.30 per share. Earnings, adjusted for one-time gains and costs, were $11.58 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $9.98 per share.
The health insurer posted revenue of $32.11 billion in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $32.22 billion.
Humana expects full-year earnings to be $16.25 per share.
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