The health insurer Humana Wednesday reported quarterly net income of more than $741 million and boosted its forecast for Medicare Advantage membership growth.
Humana Inc. (NYSE: HUM) has delivered robust financial results for the first quarter of 2024, reaffirming its full-year guidance despite facing challenges in the market. The company's Q1 earnings per share (EPS) stood at $6.11 on a GAAP basis and $7.23 on an adjusted basis, showcasing its resilience amidst market uncertainties.
Humana beat first-quarter profit expectations on Wednesday, helped by strength in its government-backed Medicare Advantage insurance business for older adults.
Shares of Humana Inc. HUM, +0.82% charged 6.7% higher in premarket trading Wednesday, after the health insurer reported first-quarter profit and revenue that beat expectations by wide margins and boosted its outlook for Medicare Advantage membership growth. Net income fell to $1.01 billion, or $6.11 a share from $1.61 billion, or $9.87 a share in the same period a year ago.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today reported consolidated pretax results and net earnings per share (EPS) for the quarter ended March 31, 2024 (1Q24) versus the quarter ended March 31, 2023 (1Q23) as noted in the tables below. Consolidated income before income taxes and equity in net earnings (pretax results) In millions 1Q24 (a) 1Q23 (a) Generally Accepted Accountin...
New solutions elevate and expedite patient care with upstream moments of influence BOSTON and LOUISVILLE, Ky. , April 23, 2024 /PRNewswire/ -- Cohere Health , a recognized leader in clinical intelligence and prior authorization automation, announced that Humana Inc. (NYSE: HUM) will expand its use of Cohere's prior authorization platform for diagnostic imaging and sleep services.
LOUISVILLE, Ky--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) announced today that its Board of Directors has declared a cash dividend to stockholders of $0.885 per share payable on July 26, 2024 to stockholders of record as of the close of business on June 28, 2024. About Humana Humana Inc. is committed to putting health first – for our teammates, our customers, and our company. Through our Humana ...
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) will release its financial results for the first quarter 2024 (1Q24), as well as prepared management remarks (in PDF format), on Wednesday, April 24, 2024, at 6:30 a.m. Eastern time. The company will host a live question and answer session at 9:00 a.m. Eastern time that morning to discuss its financial results for the quarter and earning...
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