Humana (HUM) earnings Q2 2026

Humana on Wednesday reported second-quarter results that topped estimates, as the health insurer’s spending on medical services came in line with expectations. 

The company also maintained its 2026 adjusted profit outlook of at least $9 per share. 

The earnings beat was driven by strength across Humana’s insurance business and CenterWell healthcare services unit, Humana CFO Celeste Mellet said in an interview. She said medical and pharmacy cost trends tracked in line with Humana’s expectations across new and existing members. The company saw “slight favorability” in medical costs in the inpatient space, particularly among members receiving care from value-based providers, she added. 

Still, in a Wednesday note, Cantor Fitzgerald analysts called the unchanged profit outlook a “disappointment” after recent earnings beats and guidance raises seen by other insurers overseeing privately run…