Humana falls as unchanged annual profit forecast overshadows Q2 beat - HUM News | RalliesHumana falls as unchanged annual profit forecast overshadows Q2 beat
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HUM• Quarterly results and outlook details
- Q2 insurance benefit ratio — the percentage of premiums spent on medical care — of 91.2% matches analysts' estimates
- HUM maintains annual insurance benefit ratio forecast at 92.5%-93%; expects individual Medicare Advantage membership to grow about 25% in 2026
- Posts Q2 adjusted profit of $7.61 per share — above analysts' average estimate of $7.22 per share, according to data compiled by LSEG
- Including session's move, HUM up 42.4% YTD
Shares fall after annual forecast holds steady
- Shares of Humana HUM.N fall 6.6% to $362.94
- The health insurer reaffirms 2026 adjusted EPS forecast of at least $9
- Anticipates a year-over-year decline in 2026 adjusted profit due to lower government bonus payments tied to Medicare plan ratings
- "We see HUM maintaining 2026 EPS guidance as a disappointment given the Medicare Advantage favorability peers have seen" - Cantor Fitzgerald
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