Humana (HUM) shares edged higher when the health insurer reported better-than-expected results as it lowered costs and pulled out of certain 澳洲幸运5官方开奖结果体彩网:Medicare Advantage plans.

Humana posted first-quarter adjusted earnings per share of $11.58, we🐭ll above the $10.05 average estimate of analysts surveyed by Visible Alpha. Revenue rose 8% year-over-year to $32.11⛦ billion, also more than forecast.

The company said its year-to-date membership declined 446,000, which was in-line with its expectations. It noted that the losses were "largely driven by our decision to exit certain unprofitable plans and counties, which impacted approximately 560,000 members."

Humana added t💙hat the insurance segment benefit ratio, which measures how much an insurer pays in claims compared to premiums, dropped to 87.4% from 89.3%, and was in line with its prior expectation. 

Humana affirmed its full-year adjusted EPS outlook of approximately $16.25, but lowered its GAAP EPS guidance to about $14.ཧ68 from roughly $15.88. 

Including today's slight gains, shares of Humana are up 2.5% for 2025.