HUM - Humana Boosts Medicare Advantage Membership 2024 Forecast As Q1 Earnings Performance Exceeds Expectations | Benzinga
Wednesday, Humana Inc (NYSE:HUM) posted first-quarter adjusted EPS of $7.23, down from $9.38 a year ago, beating the consensus of $6.12.
The company reported revenues of 29.33 billion, up from $25.65 billion, beating the consensus of $28.47 billion.
The revenues increased on higher per-member Medicare premiums and individual and group Medicare Advantage membership growth.
Humana’s stock has suffered after the company reported a surprising fourth-quarter loss and higher-than-expected medical costs from its Medicare Advantage business. Wednesday’s report was more positive.
Humana ended the first ...