Humana Q3 2024 Adj EPS $4.16 Beats $3.40 Estimate, Sales $29.30B Beat $28.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Humana reported Q3 2024 earnings of $4.16 per share, surpassing the $3.40 estimate, despite a 46.53% decrease from last year. Sales reached $29.30 billion, exceeding the $28.67 billion estimate and marking a 14.78% increase from the previous year.
October 30, 2024 | 10:31 am
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Humana's Q3 2024 earnings per share of $4.16 beat expectations of $3.40, despite a significant year-over-year decrease. Sales also exceeded estimates, showing strong revenue growth.
Humana's earnings per share significantly exceeded analyst expectations, which is typically a positive indicator for stock performance. Despite a year-over-year decrease in EPS, the strong revenue growth and beating of sales estimates suggest a positive short-term impact on the stock price.
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