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Humana rises after quarterly profit beat

ReutersApr 30, 2025 10:30 AM

Health insurer Humana's HUM.N shares rise 6% to $275 premarket

HUM posts Q1 adj. profit of $11.58 per share, beating analysts' estimates of $10.07 per share, according to data compiled by LSEG

Co reports Q1 medical loss ratio of about 87.4% vs estimates of 87.5%

Health insurers expect medical loss ratio -- which is the percentage of premiums it spends on medical care -- to be about 80%

Co maintains its annual profit forecast of $16.25 per share, slightly below estimates of $16.35 per share

Sees annual medical loss ratio in a range of 90.1% to 90.5%, compared with analysts' estimates of 90.11%

As of last close, HUM has risen 2.23% YTD

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