earnings
confidence high
sentiment negative
materiality 0.80
Humana Q3 GAAP EPS $3.98, Adjusted $4.16, down YoY; FY guidance at least $16 adjusted
HUMANA INC
2024-Q3 EPS reported
$15.72
revenue$88,548,000,000
- 3Q24 GAAP EPS $3.98 vs $6.71 YoY; adjusted EPS $4.16 vs $7.78.
- FY2024 guidance: GAAP EPS at least $12.89, adjusted at least $16.00.
- Raises 2024 individual Medicare Advantage membership growth to ~265,000 (+5%).
- Benefit expense ratio 89.9% vs 86.6% YoY due to elevated medical cost trends.
- Insurance segment income from operations $274M vs $722M YoY.