---
schema_version: "secwatch.filing_event.v1"
accession: "0000049071-24-000021"
form_type: "8-K"
ticker: "HUM"
cik: "0000049071"
company_name: "HUMANA INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:03:51.467550+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Humana Q1 GAAP EPS $6.11 vs $9.87 YoY; guidance revised down on GAAP but adjusted affirmed

## Summary
- GAAP EPS $6.11, down from $9.87 YoY; adjusted EPS $7.23 vs $9.38 YoY.
- Revenue $29.6B, up from $26.7B YoY; benefit ratio rose to 88.9% from 85.5%.
- FY 2024 GAAP EPS guidance lowered to ~$13.93 from ~$14.87; adjusted EPS affirmed at ~$16.00.
- Individual Medicare Advantage membership growth raised by 50k to ~150k (2.8% annual).
- Medicaid expansion with contract wins in Florida, Texas, and Virginia.

## SEC filing metadata
- accession: 0000049071-24-000021
- form_type: 8-K
- ticker: HUM
- cik: 0000049071
- company_name: HUMANA INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49071/000004907124000021/0000049071-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49071/000004907124000021/hum-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049071-24-000021
- JSON: https://secwatch.observer/filing/0000049071-24-000021.json
- Plain text: https://secwatch.observer/filing/0000049071-24-000021.txt

## Key facts
- Earnings Releases
  HUMANA INC reported year ending December 31, 2024 results: EPS $16.00. Guidance reaffirmed.
  - Period: year ending December 31, 2024
  - EPS: $16.00
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Humana revised its GAAP EPS guidance for the year ending December 31, 2024 (FY 2024) to approximately $13.93 from approximately $14.87, while affirming its Adjusted EPS guidance of approximately $16.00.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49071/000004907124000021/0000049071-24-000021-index.htm
- Earnings Releases
  HUMANA INC reported quarter ended March 31, 2024 results: revenue $29,611, EPS $6.11.
  - Period: quarter ended March 31, 2024
  - Revenue: $29,611
  - EPS: $6.11
  - Result: reported results
  source text: and segment statistics comparing 1Q24 to 1Q23 follows. 2 Humana Inc. Summary of Results ($ in millions, except per share amounts) 1Q24 (a) 1Q23 (a) CONSOLIDATED Revenues $29,611 $26,742 Revenues - Adjusted (non-GAAP) $29,332 $25,652 Pretax results $1,014 $1,614 Pretax results - Adjusted (non-GAAP) $1,191 $1,552 EPS $6.11 $9.87 EPS - Adjusted (non-GAAP)
  evidence_url: https://www.sec.gov/Archives/edgar/data/49071/000004907124000021/0000049071-24-000021-index.htm

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