Anthem's Q1 Revenue Jumps 21% Thanks to Acquisitions [The Motley Fool]
Anthem, Inc. (ANTM)
Last anthem, inc. earnings: 4/29 06:00 am
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Source: The Motley Fool
Anthem(NYSE:ANTMCVS HealthBut Anthem could be on the path to moving up in the ranks. The big health insurer announced its first-quarter results before the market opened on Wednesday. And its numbers looked pretty good. Here are the highlights from Anthem's Q update.Image Source: Getty Images.By the numbersAnthem generated first-quarter revenue of $9. billion, a strong % year-over-year jump. This result also easily topped analysts' average revenue estimate of $8.6 billion.The company announced Q net income of $. million, or $.9 per share, based on generally accepted accounting principles (GAAPAnthem reported Q adjusted earnings of $6.8 per share, up nearly 8% year over year. It also met the consensus Wall Street adjusted earnings estimate for the first quarter.Behind the numbersOne of the biggest keys to success for a health insurance company is to gain more members. Anthem checked off this box in the first quarter. The company reported that its medical enrollment grew .% year over yea
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