News Formal

Anthem beats earnings estimates, raises 2019 profit forecast

  • 📰 CNBC
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Anthem's first-quarter profit beat Wall Street estimates on Wednesday as it reined in expenses, and the U.S. health insurer raised its earnings forecast for the year.

Last year, the health insurance sector experienced its biggest shake up in years, as rivals Aetna and Cigna closed deals with the biggest U.S. pharmacy benefits managers.

For 2019, Anthem said it expects adjusted earnings to be above $19.20 per share, higher than its prior estimate of more than $19.00.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

realDonaldTrump health insurers with record profits while premiums rise...what happened to lowering cost for consumers?

Because healthcare should be tied to profit

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market’s progress to a fresh record hinges on a key gauge of economic growthWall Street is set to get its first read of 2019 economic growth as investors adopt a rosier economic outlook, following talk of a recession only a few weeks... Nope. The fed, trump and team will pump. And say the china deal is ‘progressing’
Source: MarketWatch - 🏆 3. / 97 Read more »