— Humana Inc. (NYSE: HUM) reported third-quarter 2019 earnings of $5.03 per share, vs. $4.58 per share expected.
— Total revenue rose 14% to $16.24 billion, vs. $16.15 billion expected.
— Q3 results were helped by continued strong performance in the company’s Medicare Advantage business.
— Lifted expected full-year individual Medicare Advantage membership growth to about 530,000 members from the previous range of 480,000 to 500,000 members, up 17% YoY.
— Raised full year 2019 GAAP EPS guidance to approximately $18.32. Guidance on full-year 2019 adjusted EPS was raised to approximately $17.75.
— HUM shares have declined 11% in the trailing 52 weeks.
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