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LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Thursday reported a loss of $541 million in its fourth quarter.
The Louisville, Kentucky-based company said it had a loss of $4.42 per share. Losses, adjusted for non-recurring costs, came to 11 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The health insurer posted revenue of $26.46 billion in the period. Its adjusted revenue was $25.73 billion, surpassing Street forecasts. Five analysts surveyed by Zacks expected $25.39 billion.
Humana expects full-year earnings to be $16 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