India, April 30 -- Shares of Humana, Inc. were gaining around 7 percent in the pre-market activity on the NYSE after the health insurer on Wednesday reported higher first-quarter profit above market estimates. Meanwhile, the firm trimmed its fiscal 2025 earnings view on a reported basis, and maintained adjusted earnings forecast below the Street.
Humana shares are currently trading at $258.48, down 0.34 percent.
Humana President and CEO Jim Rechtin said, "We are confident in the growth outlook for value-based care and Medicare Advantage, which will allow us to provide more quality care to a broader group of patients and members."
For the year, the company now expects earnings of approximately $14.68 per share, compared to previous estima...