secwatch.observer — SEC 8-K summary
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Issuer:     HUMANA INC (HUM)
CIK:        0000049071
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0000049071-26-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Humana 1Q26 adj EPS $10.31; affirms FY adj EPS at least $9.00; revises GAAP guidance down
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- 1Q26 GAAP EPS $9.83, Adjusted EPS $10.31 (high end of ~110-115% of FY); 1Q25 GAAP $10.30, Adj $11.58.
- Revenue $39.6B vs $32.1B YoY; Insurance benefit ratio 89.4% (guidance 'just under 90%').
- Affirms FY2026 adjusted EPS guidance at least $9.00; revises GAAP EPS to at least $8.36 from at least $8.89.
- CenterWell added 110,500 patients sequentially (+22%), incl. ~59,000 from MaxHealth acquisition; state contracts membership up ~50,000.
- Insurance President George Renaudin to retire June 29, 2026; Aaron Martin to succeed, John Barger to lead Medicare Advantage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49071/000004907126000021/0000049071-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49071/000004907126000021/hum-20260429.htm
  HTML page:      https://secwatch.observer/filing/0000049071-26-000021

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