---
schema_version: "secwatch.filing_event.v1"
accession: "0000049071-22-000060"
form_type: "8-K"
ticker: "HUM"
cik: "0000049071"
company_name: "HUMANA INC"
filed_at: "2022-09-15T23:59:59+00:00"
generated_at: "2026-06-23T09:32:43.070541+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Humana raises FY2022 adjusted EPS guidance to ~$25, introduces 2025 adjusted EPS target of $37

## Summary
- Brad D. Smith (former Intuit CEO, now president of Marshall University) elected to Board effective Sept 15, 2022; board expands to 14.
- FY2022 GAAP EPS guidance raised to ~$23.08 from ~$20.30; adjusted EPS raised to ~$25.00 from ~$24.75, reflecting 21% YoY growth.
- Mid-term adjusted EPS target of $37.00 for 2025, representing ~14% CAGR over updated FY2022 outlook.
- Guidance driven by lower-than-expected medical cost trends and no material COVID-19 headwind; company released $0.50 COVID reserve.
- Company expects continued earnings growth in 2026 and beyond at or above trends reflected in mid-term target.

## SEC filing metadata
- accession: 0000049071-22-000060
- form_type: 8-K
- ticker: HUM
- cik: 0000049071
- company_name: HUMANA INC
- filed_at: 2022-09-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49071/000004907122000060/0000049071-22-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49071/000004907122000060/hum-20220912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049071-22-000060
- JSON: https://secwatch.observer/filing/0000049071-22-000060.json
- Plain text: https://secwatch.observer/filing/0000049071-22-000060.txt

## Key facts
- Executive change
  Brad D. Smith was elected as director at HUMANA INC.
  - Action: elected
  - Role: director
  source text: Effective September 15, 2022, the Board of Directors (the “Board”) of Humana Inc. (the “Company”) expanded its number of authorized directors from thirteen to fourteen and elected Brad D. Smith as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49071/000004907122000060/0000049071-22-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.