Humana Inc.
Humana Inc. Reports Third Quarter 2024 Financial Results and Updates Guidance
Summary
Humana Inc. reported a decline in third-quarter 2024 earnings per share (EPS) from $6.71 to $3.98 on a GAAP basis, and from $7.78 to $4.16 on an Adjusted basis. The company updated its full-year 2024 GAAP EPS guidance to at least $12.89 and Adjusted EPS guidance to at least $16.00. Humana anticipates individual Medicare Advantage annual membership growth of approximately 265,000, or about 5 percent. A detailed earnings release and management remarks were posted to the Investor Relations page of the company's website.
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About Humana Inc.
Humana Inc. is a leading healthcare insurance company that primarily focuses on offering comprehensive health insurance products and services. It operates in the insurance sector and is a significant player in the Medicare Advantage market, providing coverage solutions for senior citizens eligible for Medicare. Additionally, Humana boasts a diverse range of health plans, including individual, group medical plans, and specialty products like dental and vision care. The company extends its services to various sectors, including government-sponsored healthcare programs and commercial employers, emphasizing wellness and preventive care. Humana’s offerings are designed to meet the needs of both individual consumers and large organizations, ensuring tailored healthcare coverage. Based in Louisville, Kentucky, Humana is a crucial component of the healthcare system in the United States, striving to improve health outcomes and provide affordable insurance options. The company continues to influence the healthcare industry by enhancing its digital solutions and fostering partnerships that promote integrated care between medical professionals and insurers.
Official SEC Documents
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