Market Overview

Recap: Anthem Q3 Earnings

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Shares of Anthem (NYSE:ANTM) decreased 0.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 13.76% over the past year to $4.20, which beat the estimate of $4.15.

Revenue of $30,649,000,000 higher by 15.90% from the same period last year, which beat the estimate of $29,750,000,000.

Outlook

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

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

Details Of The Call

Date: Oct 28, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/5qyd3w58

Technicals

Company's 52-week high was at $311.75

52-week low: $171.03

Price action over last quarter: Up 7.27%

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, too.

 

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Posted-In: Earnings News