Humana Inc. Earnings: Powering Ahead

S&P 500 (NYSE:SPY) component Humana Inc. (NYSE:HUM) reported its results for the fourth quarter. Humana is a managed health care company that offers health and supplemental benefit products.

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Humana Earnings Cheat Sheet for the Fourth Quarter

Results: Net income for Humana Inc. rose to $199 million ($1.20 per share) vs. $107.3 million (63 cents per share) in the same quarter a year earlier. This marks a rise of 85.4% from the year earlier quarter.

Revenue: Rose 9.4% to $9.06 billion from the year earlier quarter.

Actual vs. Wall St. Expectations: Humana Inc. fell in line with the mean estimate of $1.20 per share. It fell short of the average revenue estimate of $9.24 billion.

Quoting Management: “Humana’s ongoing operating discipline and attractive Medicare value proposition bode well for a future of favorable senior demographics and the growing need to rein in national health-care spending – especially in Medicare,” said Michael B. McCallister, Humana’s Chairman of the Board and Chief Executive Officer. “For 2012, we see further growth opportunities in Medicare and, more broadly, in our continuing expansion into adjacencies related to lifelong well-being.”

Key Stats:

The company has now seen net income rise in three straight quarters. In the third quarter, net income rose 13.1% and in the second quarter, the figure rose 35.3%.

Looking Forward: For next quarter, analysts have a more positive outlook about the company’s expected results. The average estimate for the first quarter of the next fiscal year is $1.90 per share, up from $1.81 ninety days ago. The average estimate for the fiscal year has risen to $8.44 per share from $8.43 in the past month.

(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com