Investing.com - Anthem reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Anthem announced earnings per share of $9.2 on revenue of $29.18B. Analysts polled by Investing.com anticipated EPS of $8.74 on revenue of $29.39B.
Anthem shares are down 12% from the beginning of the year , still down 14.19% from its 52 week high of $309.10 set on January 10. They are under-performing the S&P 500 which is down 0.38% from the start of the year.
Anthem follows other major Financial sector earnings this month
Anthem's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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