Humana: Q4 Earnings Snapshot

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LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Tuesday reported a loss of $693 million in its fourth quarter.

The Louisville, Kentucky-based company said it had a loss of $5.76 per share. Losses, adjusted for asset impairment costs and non-recurring costs, were $2.16 per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of $2.26 per share.

The health insurer posted revenue of $29.21 billion in the period. Its adjusted revenue was $29.12 billion, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $28.82 billion.

For the year, the company reported profit of $1.21 billion, or $9.98 per share. Revenue was reported as $117.21 billion.

Humana expects full-year earnings to be $16.25 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUM at https://www.zacks.com/ap/HUM