Becker's Healthcare February 11, 2025
Humana lost $693 million in the fourth quarter of 2024, according to the company’s year-end earnings report published Feb. 11.
The results reflect increased benefits expenses, particularly in Medicare Advantage and state-based contracts. Despite the challenges, the company projected earnings per share of $15.88 for 2025, with an adjusted EPS of approximately $16.25.
Total revenues in the fourth quarter were $29.2 billion, up 10.4% year over year. In 2024, total revenues were $117.8 billion, up 10.7%.
Humana posted a net loss of $693 million in the fourth quarter, compared to a $541 million net loss...