WASHINGTON (dpa-AFX) - (Adds Outlook)

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.

Outlook

For fiscal 2024, Humana now expects earnings per share of approximately $13.93,
down from previously expected $14.87. However, the company maintained adjusted
earnings outlook of around $16 per share. The Street is looking for earnings of
$16.36 per share.

In pre-market activity on the NYSE, Humana shares were gaining around 3.1
percent to trade at $338.20.



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