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Elevance Health: Q3 Earnings Snapshot
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INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Elevance Health Inc. (ELV) on Wednesday reported third-quarter earnings of $1.37 billion.

The Indianapolis-based company said it had net income of $6.27 per share. Earnings, adjusted for one-time gains and costs, came to $6.99 per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.66 per share.

The health insurer posted revenue of $51.43 billion in the period. Its adjusted revenue was $50.44 billion, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $48.49 billion.

Elevance Health expects full-year earnings to be $29 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ELV at https://www.zacks.com/ap/ELV

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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