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Last Update: 06-Feb-12 10:22 ET
Humana Down 5% On This Morning's Earnings/Guidance Results
Earlier this morning, Humana (HUM $85.76 -4.36) reported fourth quarter earnings of $1.20 per share, in-line with the Capital IQ Consensus Estimate consensus of $1.20. Revenues rose 9.4% year/year to $9.06 bln vs the $9.27 bln consensus, with total premiums and services revenue also up 9% YoY.
The YoY increase in premiums and services revenue was primarily driven by an increase in the company's Retail and Health and Well-Being Services Segments partially offset by lower premiums and services revenue in the company's Employer Group Segment.
For the first quarter, the company expects to see GAAP EPS of $1.35 to $1.45 versus $1.80 Capital IQ Consensus Estimate. For the fiscal year 2012, the company raises GAAP EPS to $7.50 to $7.70 from $7.40 to $7.60 versus $7.99 Capital IQ Consensus Estimate; sees revenues of $38.75-39.25 bln vs. $39.03 bln Capital IQ Consensus Estimate.
The YoY increase in premiums and services revenue was primarily driven by an increase in the company's Retail and Health and Well-Being Services Segments partially offset by lower premiums and services revenue in the company's Employer Group Segment.
For the first quarter, the company expects to see GAAP EPS of $1.35 to $1.45 versus $1.80 Capital IQ Consensus Estimate. For the fiscal year 2012, the company raises GAAP EPS to $7.50 to $7.70 from $7.40 to $7.60 versus $7.99 Capital IQ Consensus Estimate; sees revenues of $38.75-39.25 bln vs. $39.03 bln Capital IQ Consensus Estimate.
