Humana’s Q4 Revenue, 2012 Forecast Miss Expectations (HUM)

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Supplemental health insurer Humana Inc. ( HUM ) on Monday posted an in-line fourth quarter profit, but its revenue total and 2012 forecast missed Wall Street's view, sending its shares lower in premarket trading.

The Louisville, KY-based company reported fourth quarter net income of $199 million, or $1.20 per share, compared with $107 million, or 63 cents per share, in the year-ago period.

Revenue rose 9% from last year to $9.06 billion.

On average, Wall Street analysts expected a matching profit of $1.20 per share, albeit on higher revenue of $9.24 billion.

Looking ahead, HUM raised its full-year 2012 earnings outlook to a range of $7.50 to $7.70 per share, up from prior guidance of $7.40 to $7.60. Analysts expect a still-higher $7.99 per share for the year.

Humana shares fell $3.12, or -3.5%, in premarket trading Monday.

The Bottom Line
Shares of Humana ( HUM ) have a 1.11% dividend yield, based on Friday's closing stock price of $90.12. The stock has technical support in the $83-$85 price area. If the stock can firm up, we see overhead resistance around the $95 all-time high price levels.

Humana Inc. ( HUM ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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