Anthem (ANTM) Tops Q3 EPS by 40c; Raises FY Outlook

Anthem (NYSE: ANTM) reported Q3 EPS of $6.79, $0.40 better than the analyst estimate of $6.39. Revenue for the quarter came in at $35.5 billion versus the consensus estimate of $35.3 billion.

"Our deep connection to the communities we serve, commitment to advancing a digital platform for health and our differentiated approach to addressing the whole health of the people we serve has underpinned our strong performance despite the challenging environment due to COVID," said Gail Boudreaux, President and CEO. "The strong growth we saw across all of our benefits business in the third quarter demonstrates that our core offerings, as well as additional innovative products and services continue to resonate in the market. We believe the momentum we are seeing and our ability to deliver on our strategy will be further accelerated by recent changes in our leadership"

GUIDANCE:

Anthem sees FY2021 EPS of greater than $25.85, versus prior of greater than $25.50 and the consensus of $25.56.

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

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