Humana (HUM) Q2 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 21, 2026 astatine 11:18 AM CDT 41 min read

Image source: The Motley Fool.

Wednesday, July 30, 2025 astatine 8 a.m. ET

• President and Chief Executive Officer — James A. Rechtin

• Chief Financial Officer — Celeste Marie Mellet

• President, Insurance Segment — George Renaudin

Jim Rechtin, Humana's President and Chief Executive Officer; and Chief Financial Officer, Celeste Mellet. Following these remarks, we volition big a question-and-answer league wherever Jim and Celeste volition beryllium joined by George Renaudin, President of Humana's Insurance segment. Before we statesman our discussion, I request to counsel telephone participants of our cautionary statement. Certain of the matters discussed successful this league telephone are forward-looking and impact a fig of risks and uncertainties. Actual results could disagree materially.

Investors are advised to work the elaborate hazard factors discussed successful our latest Form 10-K, our different filings with the Securities and Exchange Commission and our 2nd 4th 2025 net property merchandise arsenic they subordinate to forward-looking statements on with different risks discussed successful our SEC filings. We undertake nary work to publically code oregon update immoderate forward-looking statements and aboriginal filings oregon communications regarding our concern oregon results. Today's property release, our humanities fiscal quality releases and our filings with the SEC are besides disposable connected our Investor Relations site. Call participants should enactment that today's treatment includes fiscal measures that are not successful accordance with mostly accepted accounting principles oregon GAAP.

Management's mentation for the usage of these non-GAAP measures and reconciliations of GAAP to non-GAAP fiscal measures are included successful today's property release. Any references to net per stock oregon EPS made during this league telephone notation to diluted net per communal share. Finally, the telephone is being recorded for replay purposes. That replay volition beryllium disposable connected the Investor Relations leafage of Humana's website, humana.com, aboriginal today. With that, I volition crook the telephone implicit to Jim Rechtin.

James A. Rechtin: Thank you, Lisa. Good morning, everyone, and convey you for joining us. As you've already seen, we delivered a bully 2nd 4th and archetypal fractional comparative to our expectations. The outperformance was driven chiefly by CenterWell Pharmacy arsenic good arsenic better-than- expected idiosyncratic MA membership. Our 2nd 4th aesculapian outgo trends were successful enactment with expectations. And fixed these results successful our coagulated archetypal quarter, we are raising our afloat twelvemonth 2025 EPS outlook from astir $16.25 to astir $17. While we inactive person challenges to navigate, the outer situation this twelvemonth continues to germinate mostly successful enactment with our expectations, and we are executing against our plan.