Humana rises after quarterly profit beat

Shares of health insurer Humana HUM.N rise 1.9% to $287.14 premarket

Co reports Q3 adj. profit of $3.24/shr vs analysts' average estimate of $2.82/shr – data compiled by LSEG

HUM's quarterly revenue of $32.65 bln beats expectations of $32.01 bln

Co's quarterly medical cost ratio - percentage of premiums spent on medical care - of 91.1% rises from 89.9% a year earlier

Annual Medicare Advantage membership outlook now driven by stronger retention and better sales, co says

Up to last close, stock up ~11% YTD