Humana (HUM) Tops Q1 EPS by 9c; Raises Outlook

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Go back to Humana (HUM) Tops Q1 EPS by 9c; Raises Outlook

Humana Reports First Quarter 2023 Financial Results; Raises Full Year 2023 Financial Guidance

April 26, 2023 6:30 AM EDT

Reports 1Q23 earnings per share (EPS) of $9.87 on a GAAP basis, Adjusted EPS of $9.38, with strong 1Q23 performance underpinned by robust membership growth and favorable inpatient utilization trends in the individual Medicare Advantage business Increases FY 2023 EPS guidance to 'at least $27.88' on a GAAP basis; 'at least $28.25' on an Adjusted basis Affirms strong 2023 individual Medicare Advantage membership growth of 'at least 775,000', or 17.0 percent growth over FY 2022 ending membership, meaningfully higher than industry growth

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Humana Inc. (NYSE:... More