Humana Q1 2024 Adj EPS $7.23 Beats $6.12 Estimate, Adj Sales $29.332B Beat $28.473B Estimate
Portfolio Pulse from Benzinga Newsdesk
Humana (NYSE:HUM) reported Q1 2024 adjusted earnings of $7.23 per share, surpassing the consensus estimate of $6.12 by 18.14%. Adjusted sales reached $29.332 billion, exceeding estimates of $28.473 billion by 3.02% and marking a 14.35% increase from the previous year.
April 24, 2024 | 10:32 am
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Humana reported a significant beat on both earnings and sales estimates for Q1 2024, with adjusted EPS at $7.23 and adjusted sales of $29.332 billion.
Humana's reported earnings and sales for Q1 2024 significantly exceeded analyst expectations, indicating strong financial performance. This positive earnings surprise is likely to instill investor confidence and could lead to a short-term uptick in HUM's stock price, given the better-than-expected growth and financial health.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100