Investing.com - Anthem reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Anthem announced earnings per share of $5.14 on revenue of $36.02B. Analysts polled by Investing.com anticipated EPS of $5.11 on revenue of $36.49B.
Anthem shares are down 5% from the beginning of the year, still down 6.56% from its 52 week high of $470.02 set on December 30, 2021. They are outperforming the S&P 500 which is down 8.6% from the start of the year.
Anthem follows other major Healthcare sector earnings this month
Anthem's report follows an earnings beat by J&J on Tuesday, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
UnitedHealth had beat expectations on January 19 with fourth quarter EPS of $4.48 on revenue of $73.74B, compared to forecast for EPS of $4.3 on revenue of $72.98B.
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