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Humana beats first-quarter profit estimates on strength of Medicare business

(Reuters) – Humana (NYSE:HUM) beat first-quarter profit expectations on Wednesday, helped by strength in its government-backed Medicare Advantage insurance business for older adults.

On an adjusted basis, Humana reported a profit of $7.23 per share, higher than the average analyst estimate of $6.12 per share, according to LSEG data.

Source:reuters

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