Humana earnings, revenue top expectations

Posted online May 7, 2014 | 6:53 am

Though first-quarter profit shrank 22 percent, Humana Inc.'s revenue and earnings were well above analysts' forecasts.

MarketWatch reports the Medicare-focused insurer reported earnings of $368 million, or $2.35 a share, versus $473 million, or $2.95 a share, a year earlier. Revenue grew 12 percent to $11.71 billion.

Analysts had projected earnings of $1.94 a share and revenue of $11.52 billion.

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