Humana Affirms FY22 Adj. EPS Outlook - Update

RTTNews | 1029 days ago
Humana Affirms FY22 Adj. EPS Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Wednesday, health insurer Humana Inc. (HUM) affirmed its adjusted earnings guidance for the full-year 2022, which was raised at the company's Investor Day in September 2022. For fiscal 2022, the company now projects earnings of about $23.27 per share and adjusted earnings of about $25.00 per share.

Previously, the company expected earnings of about $23.08 per share and adjusted earnings of about $25.00 per share.

On average, 21 analysts polled by Thomson Reuters expect the company to report earnings of $25.03 per share for the year. Analysts' estimates typically exclude special items.

The company also said its operating performance reinforces its confidence in achieving its new 2025 adjusted earnings target of $37.00 per share.

The company also anticipates 2023 individual Medicare Advantage membership growth of 325,000 to 400,000, or 7.1 percent to 8.7 percent growth.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Humana Guides FY24 Adj. EPS Well Below Estimates; Stock Plunges 17% - Update

Humana Guides FY24 Adj. EPS Well Below Estimates; Stock Plunges 17% - Update

While reporting financial results for the fourth quarter on Wednesday, health insurer Humana Inc. (HUM) initiated its adjusted earnings guidance for the full-year 2024, well below estimates. The company said it assumes the higher Medicare Advantage medical costs experienced in the fourth quarter to persist throughout 2024.
RTTNews | 580 days ago
Humana Affirms FY22 Adj. EPS Outlook - Update

Humana Affirms FY22 Adj. EPS Outlook - Update

While reporting financial results for the third quarter on Wednesday, health insurer Humana Inc. (HUM) affirmed its adjusted earnings guidance for the full-year 2023.
RTTNews | 665 days ago
Humana Q4 Loss Widens On Charges

Humana Q4 Loss Widens On Charges

Health insurer Humana Inc. reported Wednesday a net loss for the fourth quarter that slightly widened from last year, hurt primarily by charges associated with productivity initiatives, despite 6.6 percent revenue growth. Adjusted earnings for the quarter topped analysts' expectations, while quarterly revenues missed it by a whisker.
RTTNews | 938 days ago
Humana To Acquire Substantially All Of The Assets Of Inclusa For Undisclosed Terms

Humana To Acquire Substantially All Of The Assets Of Inclusa For Undisclosed Terms

Humana Inc. (HUM) announced Friday that it will acquire substantially all of the assets of Inclusa, Inc., a Managed Care Organization or MCO, in Wisconsin that provides long-term care services and supports to approximately 16,600 older adults and adults with disabilities through the state's Family Care program.
RTTNews | 1111 days ago
Humana Boosts FY22 Adj. EPS Outlook - Update

Humana Boosts FY22 Adj. EPS Outlook - Update

While reporting financial results for the second quarter on Wednesday, health insurer Humana Inc. (HUM) raised its adjusted earnings guidance for the full-year 2022 to reflect lower utilization of core individual Medicare Advantage business trends and lack of COVID-19 headwind.
RTTNews | 1127 days ago
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | 11 minutes ago
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | 20 minutes ago