secwatch.observer — SEC 8-K summary
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Issuer:     HUMANA INC (HUM)
CIK:        0000049071
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000049071-24-000051
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Humana Q3 GAAP EPS $3.98, Adjusted $4.16, down YoY; FY guidance at least $16 adjusted
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49071/000004907124000051/0000049071-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49071/000004907124000051/hum-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000049071-24-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer