UPDATE 3-Anthem profit beats on lower medical costs; raises forecast [Reuters (UK)]
Anthem, Inc. (ANTM)
Last anthem, inc. earnings: 4/29 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.antheminc.com
Company Research
Source: Reuters
Anthem profit beats on lower medical costs; raises forecast | Reuters 3 Min Read (Reuters) - Anthem Inc ( ANTM.N ) reported a stronger-than-expected first- quarter profit on Wednesday as it kept a tight leash on medical costs, prompting the health insurer to raise its full-year profit forecast. Shares in the company, which halved the number of markets where it will offer Obamacare individual plans in 2018, rose 1.3 percent in morning trading. Anthem was able to hold medical costs down across all of its segments, and said its reduced Obamacare footprint helped. It said it had 755,000 individual market customers in the first quarter, down from around 1.6 million the end of the year. Anthem said its benefit expense ratio - which measures how much it spends on claims per dollar of premiums it earns - improved to 81.5 percent from 83.7 percent in the same period a year ago. Piper Jaffray analyst Sarah James said the lower costs could be evidence of changes under new Chief Executive Gail
Show less
Read more
Impact Snapshot
Event Time:
ANTM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ANTM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ANTM alerts
High impacting Anthem, Inc. news events
Weekly update
A roundup of the hottest topics