— Humana Inc. (NYSE: HUM) reported its fourth-quarter 2019 adjusted earnings of $2.28 per share versus $2.20 per share expected.
— Revenues grew by 15% to $16.3 billion versus $16.19 billion expected.

— The unadjusted earnings jumped by 36% driven by the solid performance of medicare advantage business and healthcare services segment with further benefit from achieving significant operating cost efficiencies in 2019 as a result of previously implemented productivity initiatives.
— Revenues from the retail segment increased by 18% while that from group and specialty segment decreased by 2%. Revenue from healthcare services segment grew by 8%.
— Looking ahead into the full year 2020, the company expects unadjusted earnings of $17.76-18.26 per share and adjusted earnings of $18.25-18.75 per share. The consensus estimates EPS of $18.63.
— Humana expects 2020 to be another good year for the company with a solid top and bottom-line growth notwithstanding the return of the health insurance industry fee.
— The company reaffirmed 2020 individual Medicare Advantage membership growth outlook of 270,000 to 330,000 members, representing 7.5-9.2% growth over 2019.
— The company revised fiscal 2020 stand-alone PDP membership guidance to a decline of about 550,000 members from the previous expectation of about 600,000 member decline.
Most Popular
Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NTNX) Earnings: 2Q21 Key Numbers
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Macy’s (M) expects digital channels to generate approx. $10 billion in sales by 2023
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer