Humana Matches Profit Expectations But Revenue Falls Short

Humana Inc. reported Wednesday fourth-quarter earnings of $101 million, or 67 cents per share, compared with $145 million, or 94 cents a share, in the same period a year ago. Adjusted EPS was $1.45, matching the FactSet consensus of $1.45. Revenue rose to $13.36 billion from $12.33 billion, but below the FactSet consensus of $13.46 billion. For 2016, the company expects adjusted EPS of $8.85, compared with the FactSet consensus of $8.70. The stock was not yet active in pre-market trade but had lost 9.6% over the last three months, while the S&P 500 dropped 11%.