Humana posts Q3 2026 beat and lifts FY 2026 earnings outlook

Humana reported third‑quarter 2026 adjusted earnings of a $0.70 loss per share and GAAP earnings of $1.33 per share. Revenue rose 26% year‑over‑year to $41.16 billion, and the insurance segment’s benefit ratio was 93.7%, better than guidance. The company raised its full‑year 2026 adjusted EPS guidance to at least $9.50 per share and its GAAP EPS guidance to at least $15.09 per share.

The new adjusted EPS floor of $9.50 exceeds analysts’ consensus estimate of $9.16, suggesting higher profitability for the year. The guidance lift also implies stronger cash‑flow generation and may support a higher valuation for HUM.

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