On Wednesday, February 5, Humana HUM will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Humana EPS will likely be near $2.20 while revenue will be around $16.19 billion, according to analysts.
Humana reported a profit of $2.65 when it published results during the same quarter last year. Sales in that period totaled $14.17 billion. The Wall Street consensus estimate for earnings would represent a 16.98% decrease for the company. Revenue would be up 14.27% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 4.580 | 5.300 | 4.290 | 2.53 |
EPS Actual | 5.030 | 6.050 | 4.480 | 2.65 |
Stock Performance
For a full 12 months, the return has risen by 8.75%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Humana stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Humana is scheduled to hold a conference call at 9:00 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/4v24c37z
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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