LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Wednesday reported second-quarter net income of $545 million.
The Louisville, Kentucky-based company said it had profit of $4.51 per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were $6.27 per share.
The results fell short of Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $6.32 per share.
The health insurer posted revenue of $32.39 billion in the period, which beat Street forecasts. Nine analysts surveyed by Zacks expected $31.78 billion.
Humana expects full-year earnings to be $17 per share.
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