Anthem Provides Nationwide Coordinated Response to COVID-19
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Anthem (ANTM) Reports In-Line Q1 EPS, Revenues Beat; Offers FY20 EPS Guidance Above Consensus
April 29, 2020 6:04 AM EDTAnthem (NYSE: ANTM) reported Q1 EPS of $6.48, in-line with the analyst estimate of $6.48. Revenue for the quarter came in at $29.4 billion versus the consensus estimate of $28.6 billion.
CONSOLIDATED HIGHLIGHTS
Earnings Per Share: GAAP net income was $5.94 per share in the quarter, including net negative adjustment items of $0.54 per share. Adjusted net income was $6.48* per share.Membership: Medical enrollment totaled 42.1 million members at March 31, 2020, an increase of 1.3 million, or 3.2 percent, from March 31, 2019. Risk enrollment grew by 676 thousand lives, or 4.4 percent, and fee-based enrollment grew by 625 thousand lives, or 2.5 percent. Government Business... More