Elevance Health: Q1 Earnings Snapshot
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Elevance Health Inc. (ELV) on Thursday reported first-quarter net income of $2.25 billion.
The Indianapolis-based company said it had net income of $9.59 per share. Earnings, adjusted for one-time gains and costs, were $10.64 per share.
The results beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $10.54 per share.
The health insurer posted revenue of $42.58 billion in the period. Its adjusted revenue was $42.27 billion, which fell short of Street forecasts. Thirteen analysts surveyed by Zacks expected $42.43 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ELV at https://www.zacks.com/ap/ELV