Categories Earnings, Health Care

Anthem (ANTM): Q3 2019 Earnings Snapshot

 

— Anthem Inc. (NYSE: ANTM) reported Q3 2019 earnings of $4.87 per share, vs. $4.82 expected.

— Revenues grew 15% to $26.4 billion, vs. $25.8 billion expected.

Anthem reports Q3 2019 earnings results

— Medical enrollment totaled 41 million members at quarter-end, up 2.7% from last year.

— Benefit expense ratio was 87.2%, up 240 basis points.

— Days in claims payable was 39.8 days at quarter-end versus 39.1 days last year.

— For full-year 2019, operating revenues are expected to be $103 billion.

— Full-year 2019 GAAP EPS is expected to be greater than $18.45 and adjusted EPS is expected to be greater than $19.40.  

— ANTM shares gained 0.10% immediately following the announcement. 

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