Humana Q3 adjusted loss narrows on Medicaid businesses, revenue slightly beats estimates

By Reuters News


Overview

  • U.S. health insurer's Q3 adjusted revenue slightly beat analyst expectations

  • Adjusted loss per share for Q3 was better than analyst estimates

  • Company raised full-year 2026 adjusted EPS guidance


Outlook

  • Humana raises FY 2026 adjusted EPS guidance to at least $9.50, up from $9.00

  • Company lifts FY 2026 GAAP EPS guidance to at least $15.09, up from $6.52

  • Humana expects FY 2026 adjusted EPS to decline year-on-year due to Star Ratings headwind


Result Drivers

  • CENTERWELL AND MEDICAID EXPANSION - Co said strategic expansion of CenterWell and Medicaid businesses contributed to results

  • CENTERWELL PATIENT GROWTH - Co reported 30% YTD growth in CenterWell Senior Primary Care patients

  • MEDICAID MEMBERSHIP - Co said Medicaid membership grew 7% YTD, driven by new integrated Duals programs


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Adjusted Revenue

Slight Beat*

$41.16 bln

$40.89 bln (17 Analysts)

Q3 Adjusted Loss Per Share

Beat

$0.70

$1.003 (25 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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