LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Wednesday reported a loss of $796 million in its fourth quarter.
On a per-share basis, the Louisville, Kentucky-based company said it had a loss of $6.61. Losses, adjusted for non-recurring costs, came to $3.96 per share.
The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of $4.01 per share.
The health insurer posted revenue of $32.52 billion in the period. Its adjusted revenue was $32.64 billion, which also topped Street forecasts. Ten analysts surveyed by Zacks expected $31.88 billion.
For the year, the company reported profit of $1.19 billion, or $9.84 per share. Revenue was reported as $129.79 billion.
Humana expects full-year earnings to be $9 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
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