Humana Inc (HUM) Releases Earnings Results, Beats Expectations By $0.02 EPS

Humana Inc (HUM) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $2.30 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $2.28. The company posted revenue of $14010.00 million in the period, compared to analysts expectations of $13593.82 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 EPS.

Many Wall Street Analysts have commented on Humana Inc. Shares were Reiterated by FBR Capital on Jul 22, 2016 to “Mkt Perform” and Lowered the Price Target to $ 170 from a previous price target of $220 .Company shares were Reiterated by RBC Capital Mkts on Jul 22, 2016 to “Outperform”, Firm has raised the Price Target to $ 224 from a previous price target of $220 .Jefferies Upgraded Humana Inc on Jul 18, 2016 to ” Buy”, Price Target of the shares are set at $210.

Humana Inc closed down -1.61 points or -0.94% at $169.57 with 14,23,371 shares getting traded on Tusday. Post opening the session at $171.69, the shares hit an intraday low of $167.52 and an intraday high of $173 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Feb 29, 2016, Brian P. Leclaire (SVP & Chief Information Off.) sold 183 shares at $176.11 per share price. According to the SEC, on Mar 12, 2015, James E Murray (EVP & COO) sold 35,220 shares at $160.93 per share price. On Feb 27, 2015, David A Jr/ky Jones (director) sold 6,100 shares at $165.39 per share price, according to the Form-4 filing with the securities and exchange commission.

Humana Inc. (Humana) is a health and well-being company. The Company operates in three segments: Retail Employer Group and Healthcare Services. The Company’s medical and specialty insurance products allow members to access health care services through its network of health care providers. Its Retail Segment consists of products sold on a retail basis to individuals including medical and supplemental benefit plans. Its Employer Group segment consists of products sold to employer groups including medical and supplemental benefit plans as well as health and wellness products. Its Healthcare Services segment consists of businesses which offers services including pharmacy solutions provider services home-based services integrated behavioral health services and predictive modeling and informatics services to other Humana businesses as well as external health plan members external health plans and other employers or individuals.

Humana Inc

Leave a Reply

Humana Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Humana Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.