— 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.
— 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.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Earnings calendar for the week of May 3
Leading stock indexes retreated after gaining mid-week when Wall Street biggies like Apple and Amazon reported impressive quarterly numbers. The Dow Jones Industrial Average was down 190 early Friday, while
How did the first quarter of 2021 turn out for the airline industry?
The airlines sector was severely impacted by the disruption caused by the COVID-19 pandemic in 2020. A year later, the industry is still limping its way to a recovery. In
Amazon (AMZN) fine-tunes growth strategy to stay in the fast lane
The company that witnessed the strongest growth during the pandemic is probably Amazon.com, Inc. (NASDAQ: AMZN), which went into overdrive when the crisis triggered an online shopping boom. Taking a
