Humana Q4 Profit Tops Estimates; Announces Value Creation Initiatives

Humana Inc. (HUM) reported an adjusted profit in the fourth-quarter that also topped Wall Street estimates. GAAP consolidated revenues increased 10 percent primarily driven by: individual Medicare Advantage and state-based contracts membership growth; higher per member individual Medicare Advantage premiums; and the impact of Kindred at Home revenues from external customers. Revenues for the Retail segment increased by 9 percent year-on-year.

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