24.04.2024 12:40:30 - dpa-AFX: Humana Inc Q1 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Humana Inc (HUM) revealed earnings for first quarter
that decreased from last year but beat the Street estimates.

The company's earnings came in at $741 million, or $6.11 per share. This
compares with $1.24 billion, or $9.87 per share, in last year's first quarter.

Excluding items, Humana Inc reported adjusted earnings of $1.19 billion or $7.23
per share for the period.

Analysts on average had expected the company to earn $6.12 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.7% to $29.61 billion from $26.74
billion last year.

Humana Inc earnings at a glance (GAAP) :

-Earnings (Q1): $741 Mln. vs. $1.24 Bln. last year.
-EPS (Q1): $6.11 vs. $9.87 last year.
-Revenue (Q1): $29.61 Bln vs. $26.74 Bln last year.

-Guidance:
Full year EPS guidance: $16.00


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Humana 856584 NYSE 373,420 28.06.24 21:59:58 +10,440 +2,88% 373,110 373,990 360,110 362,980

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