Anthem (ANTM) Tops Q1 EPS by 14c

Anthem (NYSE: ANTM) reported Q1 EPS of $3.46, $0.14 better than the analyst estimate of $3.32. Revenue for the quarter came in at $20.3 billion versus the consensus estimate of $19.86 billion.

Medical enrollment totaled approximately 39.6 million members at March 31, 2016, an increase of approximately 1.1 million members, or 2.8 percent, from 38.5 million at March 31, 2015. Commercial & Specialty Business enrollment increased by 639 thousand medical members as the Company experienced growth in the National market, partially offset by a slight decrease in the Local Group business. Enrollment also grew in the Medicaid business.

GUIDANCE:

Anthem sees FY2016 EPS of $10.80, versus the consensus of $10.91.

For earnings history and earnings-related data on Anthem (ANTM) click here.

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