— Anthem, Inc. (NYSE: ANTM) reported earnings of $3.88 per share in the fourth-quarter 2019, in line with the Street estimate.
— Total revenue rose 17% to $27.4 billion, vs. $27.1 billion expected.
— Medical enrollment totaled 41 million members, up 2.7%, helped by the risk-based business.
— For full-year 2020, the company expects GAAP net income of over $21.44 per share. Adjusted net income is expected to be higher than $22.30 per share, up 14.7% YoY.
— ANTM shares rose 0.4% immediately following the announcement.
Most Popular
United Parcel Service (UPS) seems on track to regain lost strength
Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic
IPO Alert: What to look for when Boundless Bio goes public
Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.
Nike (NKE) bets on innovation and partnerships to return to high growth
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company