WASHINGTON (dpa-AFX) - Elevance Health Inc. (ELV) reported a profit for first quarter that beat the Street estimates.
The company's earnings totaled $2.183 billion, or $9.61 per share. This compares with $2.246 billion, or $9.59 per share, last year.
Excluding items, Elevance Health Inc. reported adjusted earnings of $2.719 billion or $11.97 per share for the period.
Analysts on average had expected the company to earn $11.48 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.4% to $48.765 billion from $42.273 billion last year.
Elevance Health Inc. earnings at a glance (GAAP) :
-Earnings: $2.183 Bln. vs. $2.246 Bln. last year. -EPS: $9.61 vs. $9.59 last year. -Revenue: $48.765 Bln vs. $42.273 Bln last year.
-Guidance: Full year EPS guidance: $34.15 to $34.85
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