Humana Q3 2024 Earnings Report
Key Takeaways
Humana reported a GAAP EPS of $3.98 and an adjusted EPS of $4.16 for Q3 2024. The company updated its full-year 2024 EPS guidance to at least $12.89 on a GAAP basis and at least $16.00 on an adjusted basis. Humana also raised its 2024 individual Medicare Advantage annual membership growth expectation.
Reported Q3 2024 GAAP EPS of $3.98 and adjusted EPS of $4.16.
Updated FY 2024 EPS guidance to at least $12.89 on a GAAP basis and at least $16.00 on an adjusted basis.
Affirmed FY 2024 Insurance segment benefit ratio of approximately 90 percent.
Raised 2024 individual Medicare Advantage annual membership growth by 40,000, anticipating approximately 265,000 new members, or about 5 percent growth.
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Forward Guidance
Humana updates its GAAP EPS guidance for the year ending December 31, 2024 (FY 2024) to 'at least $12.89', or 'at least $16.00' on an Adjusted basis.