UPDATE: Humana Reports 22% Increase In Q1 Profit

Humana Inc HUM reported a 22% rise in its first-quarter profit on Monday. Humana reported its quarterly net income at $315.2 million, or $1.86 per share, up from $258.8 million, or $1.52 per share, in the year-ago period. The company's revenue came in at $9.2 billion. However, analysts were expecting earnings of $1.49 per share on revenue of $9.11 billion. HUM shares fell 1.59% to close at $76.12 on Friday. Read more from Benzinga's Company news.