Anthem, Inc. Q2 adjusted earnings Beat Estimates

Anthem, Inc. (ANTM) reported earnings for second quarter that declined from the same period last year.

The company's bottom line came in at $1.79 billion, or $7.25 per share. This compares with $2.28 billion, or $8.91 per share, in last year's second quarter.

Excluding items, Anthem, Inc. reported adjusted earnings of $1.74 billion or $7.03 per share for the period.

Analysts had expected the company to earn $6.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.7% to $33.85 billion from $29.26 billion last year.

Anthem, Inc. earnings at a glance:

-Earnings (Q2): $1.74 Bln. vs. $2.35 Bln. last year.
-EPS (Q2): $7.03 vs. $9.20 last year.
-Analysts Estimate: $6.33
-Revenue (Q2): $33.85 Bln vs. $29.26 Bln last year.

-Guidance:
Full year EPS guidance: $25.50
Full year revenue guidance: $137.1 Bln

by RTTNews Staff Writer

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