Elevance Health: Fourth Quarter Earnings Overview

Elevance Health Announces Fourth-Quarter Financial Results

Elevance Health Inc., headquartered in Indianapolis, revealed on Wednesday that it earned $547 million during the fourth quarter.

The company reported earnings of $2.47 per share, while adjusted earnings—which exclude certain one-time items—came in at $3.33 per share.

These adjusted earnings surpassed the consensus forecast from 18 analysts polled by Zacks Investment Research, who had anticipated $3.10 per share.

During the same period, Elevance Health generated $49.75 billion in total revenue. Adjusted revenue reached $49.31 billion, which was slightly below the $49.53 billion average estimate from 19 Zacks analysts.

For the entire year, Elevance Health posted a net income of $5.66 billion, or $25.21 per share, with total revenue reported at $197.58 billion.

Looking ahead, the company projects full-year earnings of $25.50 per share.

This article was produced by Automated Insights using data provided by Zacks Investment Research.