Humana Reports Strong Quarterly Results, Leading to 5% Stock Increase
Humana (HUM) stock rose 5% after reporting a strong first-quarter performance with a 23% revenue increase and adjusted earnings per share that exceeded expectations. The company reaffirmed its adjusted full-year profit outlook of at least $9 per share but lowered its nonadjusted forecast to $8.36 from $8.89. The stock has declined about 8% year to date despite the positive results.
Tickers: $HUM
Topics: earnings report financial performance healthcare insurance profit outlook stock price movement