Fierce Healthcare January 25, 2024
UPDATED: 1:39 p.m. on Jan. 25
Humana’s top brass told investors Thursday morning that its 2024 outlook reflects “greater inherent uncertainty” given a spike in utilization that dragged down its finances in the fourth quarter of 2023.
The company said it was projecting $16 in earnings per share for 2024, as well as $113 billion in consolidated revenue. In prepared remarks provided prior to its earnings call, the company said that should the situation improve over the course of the year, it will amend its guidance in tandem.
“We believe it is important to note if some of these trends prove transitory, our estimates would improve accordingly,” the company wrote (PDF). “We will provide updates on our 2024 outlook and...
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