Anthem Reports Third Quarter 2018 Results Reflecting Strengthening Operating Performance

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Go back to Anthem Reports Third Quarter 2018 Results Reflecting Strengthening Operating Performance

Anthem (ANTM) PT Raised to $305 at Cantor Fitzgerald

October 31, 2018 12:15 PM EDT

Cantor Fitzgerald analyst Steven Halper raised the price target on Anthem (NYSE: ANTM) to $305.00 (from $275.00) while maintaining an Overweight rating.

Halper commented, "We reiterate our Overweight rating on ANTM shares and increase our price target to $305 from $275. This morning, October 31, ANTM reported solid 3Q18 results.... More

Anthem (ANTM) Tops Q3 EPS by 11c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus, Affirms FY18 Revenue Ooutlook

October 31, 2018 6:05 AM EDT

Anthem (NYSE: ANTM) reported Q3 EPS of $3.81, $0.11 better than the analyst estimate of $3.70. Revenue for the quarter came in at $22.98 billion versus the consensus estimate of $22.93 billion.

Third quarter net income was $960 million, growth of 29% over the prior year quarter. Adjusted net income of $3.81 per share grew by 44% year over year.Medical enrollment increased by 5 thousand members... More