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AI English summary of an SEC filing — figures as filed

Humana logoHumana HUM

Humana said it reported a GAAP net loss per share of $5.76 and an Adjusted net loss per share of $2.16 for 4Q24. For full-year 2024, it reported GAAP earnings per share of $9.98 and Adjusted earnings per share of $16.21.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Humana said it reported a GAAP net loss per share of $5.76 and an Adjusted net loss per share of $2.16 for 4Q24. For full-year 2024, it reported GAAP earnings per share of $9.98 and Adjusted earnings per share of $16.21.

  2. The company said the Adjusted benefit ratio for its Insurance segment was 91.9% in 4Q24, which included a 20-basis increase related to incremental Star Ratings investments and was in line with its expectations.

  3. The company gave a GAAP earnings per share outlook of about $15.88 and an Adjusted outlook of about $16.25 for fiscal 2025. It said it expects individual Medicare Advantage annual membership to decline by about 550,000, or about 10%, from 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

4Q24 and Full-Year 2024 Earnings per Share (GAAP and Adjusted)

Humana said it reported a GAAP net loss per share of $5.76 and an Adjusted net loss per share of $2.16 for 4Q24. For full-year 2024, it reported GAAP earnings per share of $9.98 and Adjusted earnings per share of $16.21.

Source · Based on the filing body and exhibits

4Q24 Insurance Segment Adjusted Benefit Ratio

The company said the Adjusted benefit ratio for its Insurance segment was 91.9% in 4Q24, which included a 20-basis increase related to incremental Star Ratings investments and was in line with its expectations.

Source · Based on the filing body and exhibits

Full-Year 2025 Earnings Outlook and Membership Decline Outlook

The company gave a GAAP earnings per share outlook of about $15.88 and an Adjusted outlook of about $16.25 for fiscal 2025. It said it expects individual Medicare Advantage annual membership to decline by about 550,000, or about 10%, from 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.