Humana Leaps a Staggering 86%
Submitted by Benzinga on Mon, 02/06/2012 - 17:22.
Health insurer Humana (NYSE: HUM) saw its fourth quarter earnings rise 86 percent thanks to membership growth and light use of health benefits.
Perhaps the most staggering thing to come out of that is the fact that, despite an 86 percent rise, the results missed expectations. According to the Wall Street Journal, HUM forecast current-quarter earnings of $1.35 to $1.45 a share, while analysts surveyed by Reuters expected $1.81.
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