Health insurer Anthem says Obamacare costs drag down fourth-quarter profit

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Go back to Health insurer Anthem says Obamacare costs drag down fourth-quarter profit

Leerink Partners Cuts Price Target Following Anthem's (ANTM) Mixed 4Q Results

January 28, 2016 8:23 AM EST

Leerink Partners maintained an Outperform rating on Anthem (NYSE: ANTM), and cut the price target to $190.00 (from $200.00), following the company's 4Q earnings report. 2015 adjusted EPS of $10.16 missed modestly from the previously disclosed shutdown of the Colorado Coop. 2016 EPS guidance floor of $10.80 was reaffirmed with upside on MLR and SG&A though at tepid top-line growth marked by HIX and Employer losses.

Analyst Ana Gupte commented, "We reiterate our OP rating on ANTM while lowering our PT to $190 (from $200) after a mixed 4Q. 2015 Adj. EPS of $10.16 ex items missed... More

Anthem (ANTM) Added to Citi's Focus List

January 28, 2016 7:11 AM EST

Anthem (NYSE: ANTM) Added to Citi's Focus List

... More

Anthem (ANTM) Misses Q4 EPS by 8c

January 27, 2016 6:15 AM EST

Anthem (NYSE: ANTM) reported Q4 EPS of $1.14, $0.08 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $20.02 billion versus the consensus estimate of $19.9 billion.

Medical enrollment totaled approximately 38.6 million members as of December 31, 2015 and increased by 1.1 million lives during... More