Reported about 10 hours ago
Humana surpassed profit and sales expectations in the first quarter by reducing costs and exiting some unprofitable Medicare Advantage plans, resulting in a reported adjusted earnings per share of $11.58, exceeding analyst estimates. Despite a decline in membership by 446,000, the company's revenue increased by 8% year-over-year to $32.11 billion, while the insurance benefit ratio improved from 89.3% to 87.4%. Humana maintains its full-year adjusted EPS guidance but has slightly lowered its GAAP EPS forecast.
Source: YAHOO