Anthem (ANTM) Tops Q4 EPS by 15c; Issues Solid Outlook

Anthem (NYSE: ANTM) reported Q4 EPS of $1.76, $0.15 better than the analyst estimate of $1.61. Revenue for the quarter came in at $21.5 billion versus the consensus estimate of $20.92 billion.

GUIDANCE:

Anthem sees FY2017 EPS above $11.50, versus the consensus of $11.53.

"Our fourth quarter 2016 core earnings and financial metrics tracked well versus our expectations, reflecting the efforts of all of our associates to improve affordability on behalf of our members. We are well positioned for a successful 2017, building off of improved business momentum in the second half of 2016,\" said Joseph Swedish, president and chief executive officer.

“We are pleased to end 2016 with better than expected enrollment and operating cash flow as we enter 2017 with a strong balance sheet,” said John Gallina, executive vice president and chief financial officer.

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

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