Health insurer Humana is set to announce sales of $20.73 billion for the current fiscal quarter. Humana’s profits are added by expert researchers with the lowest sales estimated to be around $20.33 billion and the highest coming in at $21.60 billion. The healthcare provider stated it would reveal its statement of earings at the end of April 2021.
- Humana last published its report of sales on February 3rd, 2021. The insurance provider reported ($2.30) earnings per share for the quarter topping the accord estimate of ($2.35) by $0.05. Humana had a return on equity of 22.74% and a net margin of 5.58%. The firm had revenue of $19.06 billion during the quarter, compared to analysts’ expectations of $18.76 billion. During the same period in the previous year, the company earned $2.28 earnings per share. The company’s quarterly earnings were up 17.0% on a year-over-year basis.
- On average, analysts expect that Humana will report full-year sales of $82.29 billion for the current financial year, with estimates ranging from $81.40 billion to $85.54 billion. For the next year, analysts apprehend that the company will post sales of $89.63 billion, with estimates ranging from $87.69 billion to $91.61 billion.
- Humana Inc, together with its subsidiaries, functions as a health and well-being company in the United States. It moves through Retail, Group and Specialty, and Healthcare Services segments. The company proposes medical and supplemental compensation plans to people.
- It also has a deal with Centers for Medicare and Medicaid Services to conduct the Limited Income Newly Eligible Transition prescription drug plan program; and deals with various states to implement Medicaid, dual eligible, and long-term support services privileges.