Humana: Q4 Earnings Snapshot
By AP News
Published - Jan 25, 2024, 06:48 AM ET
Last Updated - Jan 25, 2024, 06:48 AM EST
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.
