Item 7.01 Regulation FD Disclosure.
Members ofHumana Inc.'s (the "Company") senior management team are scheduled to meet with investors and analysts at industry conferences and various other meetings betweenJune 1, 2022 andJune 30, 2022 . During these conferences and meetings, the Company intends to reaffirm its guidance of approximately$22.98 in diluted earnings per common share ("EPS") or approximately$24.50 in adjusted earnings per common share ("Adjusted EPS"), in each case for the year endingDecember 31, 2022 ("FY 2022"). Humana's GAAP and Adjusted EPS guidance contemplates an explicit COVID-19 related headwind of$1.00 per diluted common share as well as the estimated dilutive impact related to the pending divestiture of the company's 60 percent ownership of Kindred atHome's Hospice and Personal Care divisions. This guidance is consistent with the guidance issued in Humana's press release datedApril 27, 2022 . The date and time of presentations to investors are available via the Investor Relations calendar of events on the Company's website at www.humana.com. The Company has included Adjusted EPS in this current report, a financial measure that is not in accordance with Generally Accepted Accounting Principles ("GAAP"). Management believes that this measure, when presented in conjunction with the comparable measure of GAAP EPS, is useful to both management and its investors in analyzing the Company's ongoing business and operating performance. Consequently, management uses Adjusted EPS as an indicator of the Company's business performance, as well as for operational planning and decision making purposes. Adjusted EPS should be considered in addition to, but not as a substitute for, or superior to, GAAP EPS. A reconciliation of GAAP EPS to Adjusted EPS follows: Diluted earnings per common share FY 2022 Guidance GAAP approximately$22.98 Amortization of identifiable intangibles 0.44 Put/call valuation adjustments associated with Company's (0.12) non-consolidating minority interest investments Transaction and integration costs associated with the Kindred at 0.54 Home acquisition Change in fair market value of publicly-traded equity securities 0.66 Adjusted (non-GAAP) - FY 2022 projected
approximately
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