Health Net's (HNT) Q3 Results - Q3 Top Health Insurance Company Earnings Report

View Health Net's (HNT) Q3 Earnings Report

Highlights:

  • Health Net reported revenues for Q3 2009 of $3.9 billion, an increase from $3.8 billion a year ago.
  • The company reported a net loss of $66.0 million ($.64 per share) in the third quarter for an adjusted net income of $69.6 billion ($.67 per share).
  • Health Net attributed the net loss in Q3 2009 to the pending sale of its Northeast division of UnitedHealth Group. The insurer still beat expectations because of "strong sales in the Western U.S. and lower administrative costs."

Check out Health Net's current earnings estimates on CNN Money

Health Net's website: www.healthnet.com

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