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Investing.com -- Humana (NYSE:HUM) shares climbed more than 2% in U.S. premarket trading Wednesday after the company reported better-than-expected first-quarter earnings and reaffirmed its full-year outlook. Revenue for the first quarter missed estimates.
The U.S. health insurer posted earnings per share (EPS) of $11.58, beating analysts’ expectations of $10.07. Revenue for the period totaled $32.11 billion, slightly missing the consensus forecast of $32.22 billion.
“Our team has done a great job launching us on a strong start to the year. Medicare Advantage is performing as expected and we are excited about our progress in expanding CenterWell and Medicaid,” said Humana President and CEO Jim Rechtin.
“We are confident in the growth outlook for value-based care and Medicare Advantage, which will allow us to provide more quality care to a broader group of patients and members."
The company reaffirmed its full-year 2025 earnings guidance of $16.25 per share, just under the consensus forecast of $16.35.