Humana Beats Q3 Estimates, Provides Guidance

Humana (NYSE:HUM) posted impressive third-quarter results, outperforming Wall Street analysts’ predictions. The company announced an adjusted EPS of $7.78, beating the projected $7.16.
Additionally, the quarter’s revenue stood at $26.42 billion, beating the anticipated $25.57 billion. Bruce D. Broussard, Humana’s President and CEO, remarked on the robust earnings growth and highlighted a 19% rise in their individual Medicare Advantage membership.
However, for the full year 2023, the company expects an EPS of about $28.25, slightly lower than the expected $28.30.

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