Elevance Health: Q2 Earnings Snapshot

INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Elevance Health Inc. (ELV) on Wednesday reported second-quarter earnings of $1.85 billion. The Indianapolis-based…

INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Elevance Health Inc. (ELV) on Wednesday reported second-quarter earnings of $1.85 billion.

The Indianapolis-based company said it had net income of $7.79 per share. Earnings, adjusted for one-time gains and costs, were $9.04 per share.

The results topped Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $8.82 per share.

The health insurer posted revenue of $43.67 billion in the period. Its adjusted revenue was $43.38 billion, also topping Street forecasts. Fourteen analysts surveyed by Zacks expected $41.52 billion.

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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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