Humana Inc.'s stock fell 3.3% early Tuesday, after the health insurer and managed care company's quarterly loss widened, it offered guidance that lagged consensus by a wide margin and said it expects to lose another $550,000 Medicare Advantage members in 2025.
Louisville, Ky.-based Humana $(HUM.UK)$ had a per-share loss of $5.76 for the quarter, wider than the loss of $4.42 posted in the year-earlier period. Adjusted for one-time items, it had a loss per share of $2.16, while FactSet expected a loss of $2.21.
Revenue rose to $29.213 billion from $26.562 billion a year ago, ahead of the $28.811 billion FactSet consensus.
The company said it expects individual Medicare Advantage annual membership to decline by about 550,000 in 2025, or by about 10% versus 2024, including its planned exit from certain unprofitable plans and counties.
Humana backed its adjusted 2025 EPS guidance which it has said would be "at least in line with 2024 results," or about $15.88. Adjusted EPS is expected to come to $16.25, while FactSet is expecting $16.71.
(This is a breaking news story. Check back for updates)
-Ciara Linnane
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 11, 2025 06:39 ET (11:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。