Elevance Health (ELV) came out with quarterly earnings of $8.37 per share, missing the Zacks Consensus Estimate of $9.70 per share. This compares to earnings of $8.99 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -13.71%. A quarter ago, it was expected that this health insurer would post earnings of $9.99 per share when it actually produced earnings of $10.12, delivering a surprise of 1.30%. Over the last four quarters, the ...

E A R N I N G S R E L E A S E ELEVANCE HEALTH REPORTS THIRD QUARTER 2024 RESULTS • 3Q 2024 operating revenue of $44.7 billion 1 • 3Q 2024 adjusted operating gain of $2.4 billion 2 1 • 3Q 2024 diluted EPS of $4.36; adjusted diluted EPS of $8.37 • 4Q 2024 dividend of $1.63 per share declared to shareholders Indianapolis, IN - October 17, 2024 - Elevance Health, Inc. (NYSE: ELV) reported third quarter 2024 results. "We remain confident in the long-term earnings potential of our diverse businesses as we navigat ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Elevance Health (ELV) , which belongs to the Zacks Medical Services industry. This health insurer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 1.13%. For the last reported quarter, Elevance Health came out with earnings of $10.12 per share versus t ...

Elevance Health, Inc. (ELV) is set to report its third-quarter 2024 results on Oct. 17, 2024, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $9.74 per share and $43.2 billion, respectively. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The earnings estimate for the to-be-reported quarter has witnessed downward revisions over the past 60 days. The bottom-line projection indicates year-over-year growth of 8. ...

In its upcoming report, Elevance Health (ELV) is predicted by Wall Street analysts to post quarterly earnings of $9.74 per share, reflecting an increase of 8.3% compared to the same period last year. Revenues are forecasted to be $43.23 billion, representing a year-over-year increase of 1.8%. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ...

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Elevance Health, Inc. (ELV) is well-poised to grow on the back of Carelon's business strength and commercial member growth. The company keeps expanding its operating margins for both Health Benefits and Carelon units, which positions it for improving profits. Elevance Health — with a market cap of $114.2 billion — is a major health benefits company. Courtesy of solid prospects, this Zacks Rank #2 (Buy) stock is worth adding to your portfolio at the moment. Let's delve deeper. ELV's One-Year Price Performanc ...

Elevance Health, Inc. (ELV) is well-poised to grow on the back of Carelon's business strength and commercial member growth. The company keeps expanding its operating margins for both Health Benefits and Carelon units, which positions it for improving profits. Elevance Health — with a market cap of $129.1 billion — is a major health benefits company. Courtesy of solid prospects, this presently Zacks Rank #3 (Hold) stock is worth retaining at the moment. Let's delve deeper. ELV YTD Price Performance Shares of ...

It has been about a month since the last earnings report for Elevance Health (ELV) . Shares have added about 7.3% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Elevance Health due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Elevance Health's Q2 Earnings Beat on L ...

FCF on the other hand stands at a meager $516 million for the TTM. However, as I always highlight when performing analysis on these kinds of beath insurance stocks: FCF is very volatile for these companies, so we have to gauge what I call a "normalized" FCF. "Normalized" FCF is the anoount of FCF ELV should be able to generate in an average year. In my last article, I calculated that ELV was able to convert 85% of EBIT into FCF (on average) for the fiscal years 2016-2022. I wil just use this conversion rati ...