Elevance Health: Q4 Earnings Snapshot


INDIANAPOLIS (AP) _ Elevance Health Inc. (ELV) on Wednesday reported fourth-quarter net income of $949 million.

On a per-share basis, the Indianapolis-based company said it had profit of $3.93. Earnings, adjusted for one-time gains and costs, were $5.23 per share.

The results topped Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $5.20 per share.

The health insurer posted revenue of $39.93 billion in the period. Its adjusted revenue was $39.67 billion, which fell short of Street forecasts. Fifteen analysts surveyed by Zacks expected $39.71 billion.

For the year, the company reported profit of $6.03 billion, or $24.81 per share. Revenue was reported as $155.66 billion.


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


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