Humana: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 06:44 AM ET
Last Updated - Dec 16, 2024, 05:51 PM EST
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Humana Inc. (HUM) on Wednesday reported third-quarter profit of $480 million.
The Louisville, Kentucky-based company said it had net income of $3.98 per share. Earnings, adjusted for non-recurring costs, were $4.16 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.48 per share.
The health insurer posted revenue of $29.4 billion in the period. Its adjusted revenue was $29.3 billion, also topping Street forecasts. Six analysts surveyed by Zacks expected $28.66 billion.
