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Recap: Anthem Q4 Earnings

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Shares of Anthem (NYSE:ANTM) rose 0.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 34.54% over the past year to $2.54, which beat the estimate of $2.52.

Revenue of $31,533,000,000 rose by 16.22% from the same period last year, which beat the estimate of $30,780,000,000.

Guidance

The upcoming fiscal year's revenue expected to be between $135,100,000,000 and $135,100,000,000.

How To Listen To The Conference Call

Date: Jan 27, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/a7w269k3

Technicals

52-week high: $340.98

Company's 52-week low was at $171.03

Price action over last quarter: Up 15.27%

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: BZI-RecapsEarnings News

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