|Bid||250.55 x 800|
|Ask||250.43 x 900|
|Day's Range||247.85 - 253.99|
|52 Week Range||219.96 - 317.99|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||17.64|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||3.20 (1.12%)|
|1y Target Est||357.90|
GuideStone Capital Management President David Spika joins Yahoo Finance's Adam Shapiro, Julie Hyman, Jared Blikre, and MIT Professor Sinan Aral.
The Indianapolis-based company said it earned $1.55 billion, or $5.91 a share, compared with $1.31 billion, or $4.99 a share, in the comparable year-earlier period. On an adjusted basis, the company said it earned $1.58 billion, or $6.03 a share. "Looking ahead, the upcoming launch of IngenioRx is a key milestone in the realization of our vision and strategy," CEO Gail Boudreaux said in a statement.
Anthem beat Wall Street's first quarter expectations and raised its 2019 forecast, helped by a growth spurt in one of the Blue Cross-Blue Shield insurer's more profitable lines of coverage. The insurer's "meaningful" growth in fully insured coverage helps it live up to its promise of market share improvement, SVB Leerink analyst Ana Gupte said in a research note. The insurer also saw growth in government-funded Medicaid and Medicare coverage in the first quarter.
Last year, the health insurance sector experienced its biggest shake up in years, as rivals Aetna and Cigna Corp closed deals with the biggest U.S. pharmacy benefits managers. Anthem, which operates Blue Cross Blue Shield plans in 14 states, also overhauled its pharmacy benefits business after years of relying on Express Scripts to handle those operations. Members in the company's health plans rose by 1.2 million to 40.8 million, helped by growth in the government business that provides Medicare health plans for people aged 65 and older and Medicaid plans for the poor.
Shares of Anthem Inc. rallied 2.9% in premarket trade Wednesday, after the health care services company beat first-quarter profit and revenue expectations and provided an upbeat outlook. Net income rose to $1.55 billion, or $5.91 a share, from $1.31 billion, or $4.99 a share, in the year-ago period. Excluding non-recurring items, adjusted EPS was $6.03, above the FactSet consensus of $5.84. Total revenue grew 9.4% to $24.67 billion, above the FactSet consensus of $24.57 billion, as the 9.3% rise in premiums to $22.84 billion beat expectations of $22.63 billion. Medicare revenue rose 15.6% to $2.01 billion and Medicaid revenue grew 8.9% to $7.03 billion. For 2019, the company expects adjusted EPS of "greater than" $19.20, compared with the FactSet consensus of $19.17. The stock, which has run up 6.1% over the past three sessions since closing last Wednesday at a 10-month low, has lost 4.6% year to date through Tuesday, while the S&P 500 has gained 17%.
Health insurer Anthem Inc reported an 18.2 percent rise in quarterly profit on Wednesday, as revenue from its commercial and government businesses rose. Net income rose to $1.55 billion, or $5.91 per share, ...
INDIANAPOLIS-- -- First quarter net income was $5.91 per share, including net negative adjustment items of $0.12 per share. Adjusted net income was $6.03* per share. Operating revenue grew by 9.2% over the prior year quarter to $24.4 billion. Medical enrollment increased by 905 thousand members sequentially to 40.8 million members. Operating gain was $1.9 billion, an increase of 3.9% over the prior ...
Investing.com - Anthem (NYSE:ANTM) reported first quarter earnings that Beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
Health-care earnings begin in earnest this week. Centene Corp. reported on Tuesday, and Anthem Inc., Biogen Inc., Boston Scientific Corp. and Novartis AG are set to report Wednesday.
The health insurance company will occupy a second tower in Midtown, bringing hundreds of additional workers to Technology Square.
Anthem's (ANTM) first-quarter earnings are likely to benefit from an impressive operating performance and robust revenues, driven by its strong businesses.
Wall Street closed lower on Wednesday as stiff loses of the healthcare sector negated the positive impact of strong first quarter earnings results.
Anthem (ANTM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Health-care stocks continued to fall on Wednesday morning, led by Anthem Inc. , Cigna Corp. and UnitedHealth Group Inc. The Health Care Select Sector SPDR Fund was down 1.5% in early intraday trade. Companies in the managed care and health services sectors are facing "temporary downside risk," thanks to the Medicare-for-all debate, analysts at J.P. Morgan wrote in a note to clients Tuesday. UnitedHealth reported earnings on Tuesday that beat expectations, but shares still fell, a possible indication of investors' anxiety over U.S. Sen. Bernie Sanders' latest Medicare-for-all proposal. The Health Care Select Sector SPDR Fund has been lagging the market in recent months, gaining 1.2% in the year to date. The S&P 500 has gained 16% and the Dow Jones Industrial Average has gained 13.4%.
Anthem or Cigna: Which Is the Better Pick in April?(Continued from Prior Part)Cash flow projections On its fourth-quarter earnings conference call, Anthem guided for operating cash flows of more than $5.2 billion in 2019, a YoY (year-over-year) rise
WellCare's (WCG) unit inks a value-based deal to introduce the Hepatitis C Center of Excellence program for check-up and treatment of Medicaid members.
Anthem or Cigna: Which Is the Better Pick in April?(Continued from Prior Part)Tax rate projectionsIn its fourth-quarter earnings press release, Anthem (ANTM) guided for a 2019 effective tax rate in the range of 19.5%–21.5%, a YoY (year-over-year)
Anthem (ANTM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Anthem or Cigna: Which Is the Better Pick in April?(Continued from Prior Part)SG&A expense guidance In its fourth-quarter earnings press release, Anthem (ANTM) guided for a 2019 SG&A (selling, general, and administrative) expense ratio of