April 24 U.S. health insurer Humana Inc
reported first-quarter results that topped its own expectations
and raised its full-year profit forecast, mainly due to
outperformance in its retail business.
The company said the results in its retail business were
largely due to "prior period development in its individual
Medicare Advantage business."
Humana said its earnings per share rose to $7.49 in the
first quarter from $1.68 a year earlier.
The company said it now expects full-year earnings of at
least $16.91 per share, compared with its prior forecast of
$16.65 to $16.85 per share.
(Reporting by Divya Grover in Bengaluru; Editing by Savio