Skip to Content
Global News Select

Anthem Raises 2021 Earnings, Operating Revenue Guidance

By Dave Sebastian

 

Anthem Inc. said it raised its earnings and operating revenue guidance as it posted higher overall revenue for the second quarter.

The Indianapolis-based insurer on Wednesday said it expects earnings to be greater than $24.89 a share, including about 61 cents a share of net unfavorable items. It sees adjusted earnings of greater than $25.50 a share.

Anthem said it sees operating revenue of about $137.1 billion, including premium revenue of $116.5 billion to $117.5 billion.

The company previously saw earnings of greater than $24.05 a share, including about $1.05 a share of net unfavorable items, as well as adjusted earnings of greater than $25.10 a share. Its prior operating revenue guidance was about $135.1 billion, including premium revenue of $114.5 billion to $115.5 billion.

Anthem said it expects medical membership of 44.8 million to 45.3 million, compared with its previous outlook of 44.1 million to 44.7 million.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

July 21, 2021 06:53 ET (10:53 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.