Market Overview

Anthem: Q2 Earnings Insights

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Shares of Anthem (NYSE:ANTM) rose 0.3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 98.28% over the past year to $9.20, which beat the estimate of $8.87.

Revenue of $29,178,000,000 up by 15.89% year over year, which missed the estimate of $29,250,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Anthem hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 29, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/nupv9knu

Recent Stock Performance

52-week high: $309.10

52-week low: $171.03

Price action over last quarter: down 5.07%

Company Profile

Anthem is one of the largest private health insurance organizations nationwide, providing medical benefits to roughly 42 million medical members. The company offers employer, individual, and government-sponsored coverage plans. Anthem differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012, Anthem's reach expands beyond those states through government-sponsored programs such as Medicaid.

 

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Posted-In: Earnings News