Company: HUM
Filing Date: 2025-06-02
Form Type: 8-K
Source: 0000049071-25-000026
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Company: HUMANA INC
Filing Date: 2025-06-02
Form: 8-K
Item: Item 7.01
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Item 7.01. Regulation FD Disclosure.

Members of Humana Inc.’s (the “ Company”) senior management team are scheduled to meet with investors and analysts at various meetings between June 2, 2025 and June 30, 2025. During these meetings, the Company intends to reaffirm its guidance of approximately $14.68 in diluted earnings per common share (“ EPS”) or approximately $16.25 in adjusted earnings per common share (“ Adjusted EPS”), in each case for the year ending December 31, 2025 (“ FY 2025”). This guidance is consistent with the guidance issued in the Company’s press release dated April 30, 2025.

As a reminder, the Company will also host an Investor Conference for analysts and institutional investors on Monday, June 16, 2025, beginning at 2:00 p. m. EST. The conference will be live-streamed and accessible via the Company’s Investor Relations page at https://humana. gcs-web. com/. Humana leaders will present on the Company’s strategic direction, operational and financial progress as well as expectations for future performance. For those unable to participate in the live event, the replay will be available in the Historical Webcasts and Presentations section of the Investor Relations page at https://humana. gcs-web. com/.

The Company has included Adjusted EPS in this current report, a financial measure that is not in accordance with Generally Accepted Accounting Principles (“ GAAP”). Management believes that this measure, when presented in conjunction with the comparable measure of GAAP EPS, provides a comprehensive perspective to more accurately compare and analyze the Company’s core operating performance over time. Consequently, management uses Adjusted EPS as a consistent and uniform indicator of the Company’s core business operations from period to period, as well as for planning and decision-making purposes and in determination of incentive compensation. Adjusted EPS should be considered in addition to, but not as a substitute for, or superior to, GAAP EPS. A reconciliation of GAAP EPS to Adjusted EPS follows:

  Diluted earnings per common share                                                                                     FY 2025 Guidance      
  GAAP                                                                                                                  approximately $14.68  
  Amortization of identifiable intangibles                                                                              0.49                  
  Put/call valuation adjustments associated with the company's non-consolidating minority interest investments (a)      1.35                  
  Value creation initiatives (a)                                                                                        0.20                  
  Cumulative net tax impact                                                                                             (0.47)