Humana's (HUM) Q1 Earnings And Revenue Beat Estimates

Have you been eager to see how Humana Inc. (NYSE:HUM) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this company’s earnings release this morning.

An Earnings Beat

Humana came out with operating earnings of $4.48 per share, which beat the Zacks Consensus Estimate of $4.30.

Earnings Surprise History

Humana has a solid earnings surprise history. The company delivered positive surprises in each of the last four quarters, with an average beat of 5.2%.

How Was the Estimate Revision Trend?

You should note that the earnings estimate for Humana depicted neutral stance prior to the earnings release. The Zacks Consensus Estimate remained unchanged at $17.50 per share over the last seven days.

Revenues Beat Expectations

Humana posted adjusted consolidated revenues of $16.1 million, which was higher than the Zacks Consensus Estimate of $15.8 billion.

Key Q1 Statistics

Benefit expense ratio expanded 130 basis points to 86.2% in the quarter.
Operating cash flow totaled $896 million, down 155.3% year over year.

2019 Guidance

For 2019, Humana expects adjusted earnings per diluted share to be in the range of $17.25 and $17.50 .

What Zacks Rank Says

Humana carries a Zacks Rank #3 (Hold). However, since the latest earnings performance yet to be reflected in the estimate revisions, the rank is subject to change. While things apparently look favorable, it all depends on what sense the just-released report makes to the analysts.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Check back later for our full write up on this Humana earnings report!

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