Investing.com - Humana (NYSE:HUM) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Humana announced earnings per share of $5.4 on revenue of $18.94B. Analysts polled by Investing.com anticipated EPS of $4.66 on revenue of $18.46B. That with comparison to EPS of $4.48 on revenue of $16.11B in the same period a year before.Humana had reported EPS of $2.28 on revenue of $16.3B in the previous quarter.Analysts are expecting EPS of $6.66 and revenue of $18.53B in the upcoming quarter.
Humana shares are down 1% from the beginning of the year and are trading at $362.87 , down-from-52-week-high.They are outperforming the S&P 500 which is down 11.75% year to date.
Humana follows other major Healthcare sector earnings this month
Humana's report follows an earnings beat by J&J on Tuesday, April 14, 2020, who reported EPS of $2.3 on revenue of $20.69B, compared to forecasts EPS of $2.02 on revenue of $19.73B.
Pfizer had beat expectations on Tuesday with first quarter EPS of $0.8 on revenue of $12.03B, compared to forecast for EPS of $0.7 on revenue of $11.34B.
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