Humana???s (HUM) Q4 Earnings Surpass Expectations

HUM

Have you been eager to see how Humana Inc (HUM) performed in Q4 in comparison with the market expectations? Let’s quickly scan through the key facts from this popular global professional services company’s earnings release this morning.

An Earnings Beat

Humana came out with operating earnings of $2.06 per share, which beat theZacks Consensus Estimate of $2.00.

Humana Inc. Price, Consensus and EPS Surprise

Earnings Surprise History

Humana has a decent earnings surprise history. The company delivered positive surprises in each of the last four quarters, with an average beat of 6.9%.

Revenues Beat Expectations

Humana posted adjusted consolidated revenues of $13,189 million, which was higher than the Zacks Consensus Estimate of $13,023 million.

Key Q4 Statistics

Benefit ratio deteriorated 200 basis points to 83% in the quarter.

Operating cost ratio improved 100 basis points to 13.9%.

Operating cash flow totaled $2.8 billion, up 89% over the prior year quarter.

2018 Guidance

For 2018, Humanaexpects adjusted earnings per diluted share to be in the range of $13.50- $14.00.

 Total revenues are expected to be in the range of $55.8 billion to $56.4 billion.

What Zacks Rank Says

Centenesports a Zacks Rank #3 (Hold). However, since the latest earnings performance yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Check back later for our full write up on this Humana earnings report!

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