Humana Lifts 2024 Profit Outlook As Q3 Earnings Beat Street View On Medicare Strength
Portfolio Pulse from Vandana Singh
Humana Inc (NYSE:HUM) reported strong Q3 earnings, beating expectations with an EPS of $4.16 and revenues of $29.30 billion, driven by Medicare growth. The company raised its 2024 profit outlook and expects continued growth in Medicare Advantage membership.
October 30, 2024 | 2:05 pm
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Humana's Q3 earnings exceeded expectations with an EPS of $4.16 and revenues of $29.30 billion, driven by Medicare growth. The company raised its 2024 profit outlook, expecting continued growth in Medicare Advantage membership.
Humana's strong Q3 performance, driven by Medicare growth, and the raised 2024 profit outlook are positive indicators for investors. The stock's 3.47% increase reflects market confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100