Anthem Reports Fourth Quarter and Full Year 2018 Results Reflecting Strong Core Performance

Go back to Anthem Reports Fourth Quarter and Full Year 2018 Results Reflecting Strong Core Performance

Anthem (ANTM) PT Raised to $346 at RBC Capital

January 31, 2019 6:37 AM EST

RBC Capital analyst Frank Morgan raised the price target on Anthem (NYSE: ANTM) to $346.00 (from $318.00) while maintaining a Outperform rating following results.

The analyst notes strong momentum in "core" business; accelerated IngenioRx launch a significant win.

... More

Anthem (ANTM) Tops Q4 EPS by 25c, Miss on Revenues; Offers FY19 EPS/Revenue Guidance Above Consensus

January 30, 2019 6:02 AM EST

Anthem (NYSE: ANTM) reported Q4 EPS of $2.44, $0.25 better than the analyst estimate of $2.19. Revenue for the quarter came in at $23.373 billion versus the consensus estimate of $23.38 billion.

Fourth quarter net income was $1.61 per share, including net negative adjustment items of $0.83 per share. Adjusted net income was $2.44 per share.Full year net income was $14.19 per share, including net negative adjustment items of $1.70 per share. Adjusted net income was $15.89 per share.Medical enrollment increased by 37 thousand members sequentially to 39.9 million members.Operating gain grew by 30% year-over-year to $5.4 billion in... More