Humana Inc. reported its first-quarter 2025 financial results, surpassing earnings expectations with an adjusted EPS of $11.58 compared to the estimated $10.09, representing a 60% year-over-year increase. The company posted revenue of $32.11 billion, up 8.4% year-over-year but slightly below the consensus estimate of $32.22 billion. Humana reaffirmed its full-year 2025 adjusted EPS guidance at approximately $16.25 per share, slightly below the estimated $16.35, and revised its GAAP EPS guidance to about $14.68 from a previous estimate of $15.88. The insurance segment benefit ratio was reported at 87.4%, in line with forecasts. Strong performance in Medicare Advantage and value-based care contributed to the positive results, despite expectations of a decline in Medicare Advantage membership. Humana generated a profit of $1.2 billion in the quarter and maintained confidence in its annual outlook amid an industry environment challenged by rising costs. Separately, Builders FirstSource Inc. announced its first-quarter 2025 results, reporting net sales of $3.7 billion, a 6.0% decrease driven by lower core organic sales, one fewer selling day, and commodity deflation, partially offset by acquisitions. The company posted an adjusted EPS of $1.51, with acquisitions helping to mitigate headwinds from commodity deflation and fewer selling days.