Humana released its earnings this morning before the opening bell, posting an EPS of $1.49, below analyst estimates of $1.53 a share.
Revenues for the quarter increased 11% year over year to $10.22 billion, just above estimates of $10.12 billion.
Even though revenues rose, the healthcare company's profit did not. Humana's first quarter profit fell 21% reporting net income of $248 million. This was well below the income from the prior year of $315 million.
This news brought the stock down in early trading this morning. Humana fell over 6% to $82.57.