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Humana beats quarterly profit estimates

Jul 31, 2024 4:05 AM

July 31 (Reuters) - Humana beat Wall Street

estimates for second-quarter profit on Wednesday, helped by

strength in its government-backed Medicare Advantage insurance

business for older adults.

On an adjusted basis, Humana reported a profit of $6.96 per

share, higher than the average analyst estimate of $5.85,

according to LSEG data.

(Reporting by Sriparna Roy in Bengaluru; Editing by Shinjini

Ganguli)

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