Anthem's (ANTM) Q3 Earnings Beat Estimates, Improve Y/Y
Anthem Inc. ANTM delivered third-quarter 2019 earnings of $4.87 per share, marginally beating the Zacks Consensus Estimate by 0.6%.
Additionally, the bottom line improved 27.8% year over year on the back of higher revenues.
Further, Anthem reported operating revenues of $26.4 billion, beating the Zacks Consensus Estimate by 4.1%. Moreover, the top line was up 15.1% year over year, aided by membership growth across businesses, growth in value-added services and the premium rate increases to cover the overall cost trends. However, this upside was partially offset by the year-long waiver of the health insurance tax in 2019.
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https://finance.yahoo.com/news/anthems-a...02513.html
Anthem Inc. ANTM delivered third-quarter 2019 earnings of $4.87 per share, marginally beating the Zacks Consensus Estimate by 0.6%.
Additionally, the bottom line improved 27.8% year over year on the back of higher revenues.
Further, Anthem reported operating revenues of $26.4 billion, beating the Zacks Consensus Estimate by 4.1%. Moreover, the top line was up 15.1% year over year, aided by membership growth across businesses, growth in value-added services and the premium rate increases to cover the overall cost trends. However, this upside was partially offset by the year-long waiver of the health insurance tax in 2019.
...
https://finance.yahoo.com/news/anthems-a...02513.html
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