Elevance Health Inc. (ELV) Tops Q2 EPS by 30c

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Elevance Health Reports Second Quarter 2022 Results, Raises Full Year Outlook

July 20, 2022 6:00 AM EDT

Second quarter GAAP net income was $6.79 per share, including net negative adjustment items of $1.25 per share. Adjusted net income was $8.04* per share. Operating revenue grew 15.6% over the prior year quarter to $38.5 billion. Operating gain grew 13.7% over the prior year quarter to $2.4 billion. Medical enrollment increased 2.7 million members year-over-year and 276 thousand members during the quarter to 47.1 million members. Third quarter 2022 dividend of $1.28 per share declared to shareholders.

INDIANAPOLIS--(BUSINESS WIRE)-- Elevance Health, Inc. (NYSE: ELV) reported second quarter 2022 results reflecting strong... More