Humana (HUM) Tops Q4 EPS by 8c, Offers Guidance

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Humana Reports Fourth Quarter 2019 Financial Results; Provides Full Year 2020 Financial Guidance

February 5, 2020 6:30 AM EST

4Q19 earnings per diluted common share (EPS) of $3.84 on a GAAP basis,$2.28 on an Adjusted basis Full year (FY) 2019 EPS of $20.10 on a GAAP basis, $17.87 on an Adjusted basis; compared to previous guidance of approximately $17.75 FY 2020 EPS guidance in a range of $17.76 to $18.26 on a GAAP basis, $18.25 to $18.75 on an Adjusted basis Retail segment finished the year strong, with the segment benefit expense ratio 70 basis points better than the initial guidance midpoint, fueled by lower than expected utilization Reaffirmed expected FY 2020 individual Medicare Advantage membership growth of 270,000 to 330,000 members, representing 7.5 percent to 9.2... More