Investing.com - Elevance Health reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Elevance Health announced earnings per share of $7.53 on revenue of $39.60. Analysts polled by Investing.com anticipated EPS of $7.16 on revenue of $39.26B.
Elevance Health shares are up 3% from the beginning of the year, still down 10.38% from its 52 week high of $533.68 set on April 21.
Elevance Health follows other major Healthcare sector earnings this month
Elevance Health's report follows an earnings beat by UnitedHealth on Friday, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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