Compared to Estimates, Humana (HUM) Q3 Earnings: A Look at Key Metrics

For the quarter ended September 2024, Humana (HUM) reported revenue of $29.3 billion, up 14.8% over the same period last year. EPS came in at $4.16, compared to $7.78 in the year-ago quarter.The reported revenue represents a surprise of +2.24% over the Zacks Consensus Estimate of $28.66 billion. With the consensus EPS estimate being $3.48, the EPS surprise was +19.54%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Humana performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Benefits Expense Ratio - Consolidated: 89.9% versus 90% estimated by seven analysts on average. Medical Membership - Group Medicare Advantage: 546.7 thousand versus the five-analyst average estimate of 547.91 thousand. Medical Membership - Medicare stand-alone PDP: 2.32 million compared to the 2.3 million average estimate based on five analysts. Medical Membership - Individual Medicare Advantage: 5.66 million compared to the 5.61 million average estimate based on five analysts. Revenues- Premiums: $27.95 billion versus $27.28 billion estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +11.4% change. Revenues- Investment income (loss): $343 million compared to the $303.08 million average estimate based on nine analysts. The reported number represents a change of +11.4% year over year. Revenues- Services: $1.10 billion compared to the $1.06 billion average estimate based on eight analysts. The reported number represents a change of +8.6% year over year. Revenue- CenterWell: $5.04 billion versus $4.84 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +8.2% change. Total Intersegment Revenues- Eliminations/Corporate: -$4.17 billion compared to the -$4.06 billion average estimate based on five analysts. The reported number represents a change of +6.7% year over year. CenterWell segment- Total Intersegment revenues: $4.16 billion versus $4.05 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +6.7% change. CenterWell segment-Total Services revenue- External: $877 million compared to the $799.21 million average estimate based on five analysts. The reported number represents a change of +15.6% year over year. Revenues- Consolidated- Premiums- Specialty benefits: $238 million versus the five-analyst average estimate of $239.55 million. The reported number represents a year-over-year change of -5.6%. View all Key Company Metrics for Humana here>>>Shares of Humana have returned -7.8% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Humana Inc. (HUM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks