Humana Q3 Adj EPS $7.78 beats; raises MA membership 19% to 860k; affirms FY Adj EPS at least $28.25

HUMANA INC

2023-Q3 EPS reported $24.26 revenue$79,912,000,000

GAAP EPS $6.71, Adj EPS $7.78; revenue $26.4B (+16% YoY).
FY 2023 GAAP EPS guidance revised to 'at least $26.31' from $26.91; Adj EPS affirmed at 'at least $28.25' (up from initial $28.00).
Individual MA membership growth raised by 35k to ~860k, 19% growth YoY, significantly above industry.
94% of MA members in 4-star+ contracts for 2024; 61% in 4.5+ stars; industry leader 6th consecutive year.
Benefits expense ratio 86.6% (GAAP) vs 85.6% prior year; operating cost ratio improved to 12.5% from 13.5%.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HUMANA INC reported the quarter ended September 30, 2023 (3Q23) results: revenue $26,423, EPS $6.71.

Period: the quarter ended September 30, 2023 (3Q23)
Revenue: $26,423
EPS: $6.71
Result: reported results

Exact text from the filing

by Humana on February 23, 2023 . Humana Inc. Summary of Results ($ in millions, except per share amounts) 3Q23 (a) 3Q22 (a) YTD 2023 (a) YTD 2022 (a) CONSOLIDATED Revenues $26,423 $22,799 $79,912 $70,431 Revenues - Adjusted (non-GAAP) $25,526 $21,600 $76,911 $67,001 Pretax results $1,098 $1,297 $3,974 $3,639 Pretax results - Adjusted (non-GAAP) $1,268

View on SEC.gov

Browse all earnings releases →

HUMANA INC filing history →

Source: SEC EDGAR

accession 0000049071-23-000062

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.