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Anthem, Inc. Q1 adjusted earnings Beat Estimates

anthem,-inc.-q1-adjusted-earnings-beat-estimates

(RTTNews) – Anthem, Inc. (ANTM) released a profit for its first quarter that climbed from the same period last year.

The company’s bottom line totaled $1.67 billion, or $6.71 per share. This compares with $1.52 billion, or $5.94 per share, in last year’s first quarter.

Excluding items, Anthem, Inc. reported adjusted earnings of $1.74 billion or $7.01 per share for the period.

Analysts had expected the company to earn $6.51 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 9.4% to $32.39 billion from $29.62 billion last year.

Anthem, Inc. earnings at a glance:

-Earnings (Q1): $1.74 Bln. vs. $1.66 Bln. last year.
-EPS (Q1): $7.01 vs. $6.48 last year.
-Analysts Estimate: $6.51
-Revenue (Q1): $32.39 Bln vs. $29.62 Bln last year.

-Guidance:
Full year EPS guidance: $25.10
Full year revenue guidance: $135.1 Bln

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