- Associated Press - Wednesday, July 25, 2018

INDIANAPOLIS (AP) - Anthem Inc. (ANTM) on Wednesday reported second-quarter earnings of $1.05 billion.

On a per-share basis, the Indianapolis-based company said it had net income of $3.98. Earnings, adjusted for one-time gains and costs, were $4.25 per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.19 per share.

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The health insurer posted revenue of $22.94 billion in the period. Its adjusted revenue was $22.71 billion, which missed Street forecasts. Seven analysts surveyed by Zacks expected $22.75 billion.

Anthem expects full-year revenue in the range of $91 billion to $92 billion.

Anthem shares have increased slightly more than 9 percent since the beginning of the year. The stock has increased 29 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANTM at https://www.zacks.com/ap/ANTM

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