Anthem reported on Wednesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Anthem announced earnings per share of $3.88 on revenue of $27.13B. Analysts polled by anticipated EPS of $3.88 on revenue of $27.05B. That with comparison to EPS of $2.44 on revenue of $23.3B in the same period a year before. Anthem had reported EPS of $4.87 on revenue of $26.44B in the previous quarter. Analysts are expecting EPS of $7.07 and revenue of $28.34B in the upcoming quarter.
Anthem shares are down 3.88% from the beginning of the year and are trading at $290.32 , still down 8.70% from its 52 week high of $317.99 set on February 25, 2019. They are under-performing the S&P 500 which is up 0.95% year to date.
Anthem follows other major Financial sector earnings this month
Anthem's report follows an earnings beat by JPMorgan on January 14, who reported EPS of $2.57 on revenue of $29.21B, compared to forecasts EPS of $2.35 on revenue of $27.87B.
Bank of America had beat expectations on January 15 with fourth quarter EPS of $0.74 on revenue of $22.35B, compared to forecast for EPS of $0.68 on revenue of $22.22B.
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