---
schema_version: "secwatch.filing_event.v1"
accession: "0000049071-25-000004"
form_type: "8-K"
ticker: "HUM"
cik: "0000049071"
company_name: "HUMANA INC"
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:36:13.440819+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Humana reports Q4 GAAP loss per share of $5.76; guides FY 2025 adjusted EPS ~$16.25

## Summary
- 4Q24 GAAP net loss per share of $5.76; adjusted net loss per share of $2.16; FY 2024 GAAP EPS $9.98, adjusted $16.21.
- FY 2025 adjusted EPS guidance approx $16.25 (GAAP ~$15.88), roughly in line with FY 2024 adjusted EPS of $16.21.
- Expects individual Medicare Advantage membership decline ~550,000 (~10%) from 2024 due to exit from unprofitable plans and counties.
- Insurance segment adjusted benefit ratio 91.9% in Q4, including 20bp increase from Star Ratings investments.
- CenterWell and Medicaid strategies expected to increase earnings contribution over mid to long term.

## SEC filing metadata
- accession: 0000049071-25-000004
- form_type: 8-K
- ticker: HUM
- cik: 0000049071
- company_name: HUMANA INC
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49071/000004907125000004/0000049071-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49071/000004907125000004/hum-20250211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049071-25-000004
- JSON: https://secwatch.observer/filing/0000049071-25-000004.json
- Plain text: https://secwatch.observer/filing/0000049071-25-000004.txt

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