Humana Inc. (NYSE: HUM), a leading health and well-being company, on Wednesday reported a decline in adjusted earnings for the third quarter of fiscal 2025.
- Third-quarter earnings per share, on a reported basis, declined sharply to $1.62 from $3.98 per share in Q3 FY24
- On an adjusted basis, Q3 earnings per share were $3.24, compared to $4.16 per share in the year-ago quarter
- Net income dropped to $134 million in the September quarter from $651 million a year earlier
- The company reported total revenues of $32.6 billion for the quarter, compared to $29.4 billion last year
- Insurance segment benefit ratio was 91.1% in Q3, in line with the company’s previously disclosed expectation of just above 91 percent
- The management lowered its full-year earnings per share guidance to $12.26 from the previous estimate of $13.77
- Adjusted earnings per share guidance for fiscal 2025 has been reaffirmed at approximately $17.00
- It also confirmed the FY25 Insurance segment benefit ratio guidance range in the 90.1-90.5% range