Categories AlphaGraphs, Earnings, Health Care
Earnings Summary: Highlights of Humana’s Q2 2024 report
Humana Inc. (NYSE: HUM), a leading health and well-being company, reported a decrease in adjusted earnings for the second quarter of 2024 when its revenues grew in double digits.
- Second-quarter earnings, on an adjusted basis, dropped to $6.96 per share from $8.94 per share in the prior-year quarter
- Including special items, Q2 net income came in at $5.62 per share, vs. $7.66 per share in the same period last year
- June quarter revenues increased to $29.54 billion from $26.75 billion in the year-ago quarter
- The management revised its FY2024 EPS guidance, on a reported basis, to about $12.81 from the previous forecast of $13.93
- The company affirmed its full-year adjusted earnings guidance at $16.00 per share, and the Insurance segment benefit ratio at around 90%
- As of June 30, 2024, days in claims payable was 41.6 days, which represents a decrease of 0.9 day from March 31, 2024
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,
