secwatch.observer — SEC 8-K summary
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Issuer:     HUMANA INC (HUM)
CIK:        0000049071
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0000049071-25-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49071/000004907125000004/0000049071-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49071/000004907125000004/hum-20250211.htm
  HTML page:      https://secwatch.observer/filing/0000049071-25-000004

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