Humana (HUM) Reports In-Line Q4 EPS; Issues Strong FY16 EPS Outlook
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Humana Reports Fourth Quarter 2015 Financial Results; Provides 2016 Financial Guidance
February 10, 2016 7:30 AM ESTAdjusted EPS(a) of $7.75 for full year 2015 and $1.45 for 4Q 2015, in-line with managements expectations During 4Q 2015, the company recorded a premium deficiency reserve totaling $176 million pretax, or $0.74 per share, related to certain of its 2016 individual commercial policies 2016 Adjusted EPS(a) guidance of at least $8.85 reflects expected significant improvement in the companys individual Medicare Advantage business and excludes amortization of identifiable intangibles 2016 projected net membership growth in individual Medicare Advantage of 100,000 to 120,000 2016 projected net membership growth in stand-alone PDP offerings of 300,000 to 330,000... More
