-=Anthem (ANTM) reported earnings on Wed 30 Jan 2019 (b/o)

• Update Jun 16, 2022:  Anthem (NYSE:ANTM) announced that it is changing its name to Elevance Health and will revive the Wellpoint name in some markets. The name change becomes official on June 28 and the company's ticker symbol will be ELV. Elevance is blending of the words elevate and advance. The company adopted the Anthem in late 2014 after being known as Wellpoint. 
  

INDIANAPOLIS (AP) -- The Blue Cross-Blue Shield insurer Anthem topped fourth-quarter earnings expectations and debuted a better-than-expected 2019 forecast, helped by an early start for its prescription drug coverage business.

Shares of the nation's second-largest health insurer soared after Anthem said it expected adjusted earnings in the new year to be better than $19 per share. That's about 8 percent higher than the average analyst forecast of $17.61 per share, according to FactSet.

Anthem said the outlook reflects an accelerated launch for its IngenioRx pharmacy benefit management business, which the company is running with help from CVS Health Corp.

The insurer had announced plans to create IngenioRx in 2017 after its relationship with another pharmacy benefits manager, Express Scripts, soured. Pharmacy benefit managers, or PBMs, run prescription drug plans for employers, government agencies and insurers, among other clients. They use their large purchasing power to negotiate prices and shape formularies or lists of covered drugs.

Anthem initially said its PBM would start in 2020. But the insurer said Wednesday that it will actually start moving customers over to the new business in this year's second quarter.

The insurer is ending its deal with Express Scripts, which had managed Anthem's prescription business for several years, on March 1 due to that company's recently completed acquisition by another insurer, Cigna Corp.

The accelerated launch of the new business should quell "skeptical bears" about Anthem's move back into the prescription drugs business, which it had left in 2009, Leerink analyst Ana Gupte said in a research note.

Indianapolis-based Anthem Inc. runs Blue Cross Blue Shield plans in several states, including big markets like California, New York and Ohio. It covers nearly 40 million people, including those who receive benefits from the government-run Medicaid and Medicare programs.

In the recently completed fourth quarter, Anthem saw its profit fall 66 percent to $424 million compared to the end of 2017, when Anthem and other companies recorded a big benefit from corporate tax cuts.

Operating revenue, which excludes things like investment income, grew nearly 4 percent to $23.3 billion in the most recent quarter, and earnings adjusted for one-time items totaled $2.44 per share.

Analysts expected, on average, earnings of $2.20 per share on $23.36 billion in revenue, according to Zacks Investment Research.

Shares of Anthem jumped 8 percent, or $21.54, to $294.25 in premarket trading Wednesday.

Earnings this week : Jan 28 - Feb. 1, 19 (wk 5)

So far, 22% of the S&P 500 has reported quarterly results.

• A myriad of large/mega cap bellwethers will report quarterly results next week, including Caterpillar on Monday morning and four of the largest technology companies in the world: Apple on Tuesday afternoon, Microsoft and Facebook on Wednesday and Amazon on Thursday.

Earnings confirmed to report this week:

Monday (Jan 28) 

• Morning: BOH CAT
• Afternoon:  AKS BRO CE CR ELS ETH GGG HTLF IBTX JJSF RGA RMBS SANM SSB WHR WSBC WWD

Mon pm/Tue am
https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=AKS,BRO,CE,CR,ELS,ETH,GGG,HTLF,IBTX,JJSF,RGA,RMBS,SANM,SSB,WHR,WSBC,WWD,AGN,ALV,AOS,AXE,BIIB,CIT,CVLT,DHR,DOV,EAT,EXP,EXTR,FBP,GLW,GPK,HCA,HOG,HRS,KNX,LLL,LMT,MMM,MTOR,NUE,PCAR,PFE,PHG,PHM,PII,PNR,POL,PPBI,ROK,SAP,UMC,VZ,XRX

Tuesday (Jan 29)

• Morning:  AGN ALV AOS AXE BIIB CIT CVLT DHR DOV EAT EXP EXTR FBP GLW GPK HCA HOG HRS KNX LLL LMT MMM MTOR NUE PCAR PFE PHG PHM PII PNR POL PPBI ROK SAP UMC VZ XRX
• Afternoon: AAPL ALGN AMD AMGN AX BXP CHRW CNI COHR EBAY ILMN JNPR KLAC MSTR MXIM NATI PFG PKG RHI RNR SIMO SLGN SYK TSS UMBF WRB

Tue pm/Wed am : https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=AAPL,ALGN,AMD,AMGN,AX,BXP,CHRW,CNI,COHR,EBAY,ILMN,JNPR,KLAC,MXIM,NATI,PFG,PKG,RHI,RNR,SIMO,SLGN,SYK,TSS,UMBF,WRB,,ADP,ALLY,ANTM,AVY,AXTA,BA,BABA,BEN,CHKP,EVR,GD,HES,IR,IVZ,MCD,NDAQ,OSK,PB,RCL,SC,SIRI,SLAB,SMG,T,TCF,TMO,TUP
Wednesday (Jan 30)

• Morning: ADP ALLY ANTM AVY AXTA BA BABA BEN CHKP EVR GD HES IBN  IR IVZ MCD NDAQ OSK PB RCL SC SIRI SLAB SMG T TCF TMO TUP
• Afternoon:  AFG AGNC ALGT AMP ARCB AXS BDN CACC CACI CLB CMPR CREE CRUS DLB DRE EFII EGOV ESS EZPW FB FICO FLEX GHL HOLX ISBC LLNW LSTR MAA MDLZ MEOH MLNX MSFT MTH MUR MUSA NOW PYPL QCOM RXN SEIC SXI THG TSLA TTEK V WYNN  X

Wed pm/Thur am : https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=AFG,AGNC,ALGT,AMP,ARCB,AXS,BDN,CACC,CACI,CLB,CMPR,CREE,CRUS,DLB,DRE,EFII,EGOV,ESS,EZPW,FB,FICO,FLEX,GHL,HOLX,ISBC,LLNW,LSTR,MAA,MDLZ,MEOH,MLNX,MSFT,MTH,MUR,MUSA,NOW,PYPL,QCOM,RXN,SEIC,SXI,THG,TSLA,TTEK,V,WYNN,X,ABC,ABMD,APO,APRN,APTV,BAX,BC,BHGE,BLL,BMS,BX,CELG,CFR,CHTR,CMCO,CMS,CNX,CNXM,COP,CRR,CRS,DWDP,EPD,ETN,FCFS,FLWS,GE,HSY,IIVI,IP,KEM,KEX,KIM,LANC,MA,MAN,MDC,MIXT,MMC,MMP,MNRO,MO,MSCI,NOC,NOK,NS,NVT,OMN,PH,RACE,RDS-A,RFP,RTN,S,SHW,SILC,SNDR,TSCO,UPS,VLO,VLY,WCC,WRK,WRLD,XEL,XYL,YRCW

Thursday (Jan 31)

• Morning:  ABC ABMD APO APRN APTV BAX BC BHGE BLL BMS BX CELG CFR CHTR CMCO CMS CNX CNXM COP CRR CRS DWDP EPD ETN FCFS FLWS GE HSY IIVI IP KEM KEX KIM LANC MA MAN MDC MIXT MMC MMP MNRO MO MSCI NOC NOK NS NVT OMN PH RACE RDS.A RFP RTN S SHW SILC SNDR TSCO UPS VLO VLY WCC WRK WRLD XEL XYL YRCW
• Afternoon:  AFL AJG AMZN CLS CPT CY DECK EMN ENVA EPAY ESL EW EXPO FBHS HAYN KLIC LPLA MATW MCK MOD MTX NFG OTEX PFPT PKI POST SIGI SKYW SYMC WAIR YUMC

 Thur pm/Fri am : https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=AFL,AJG,AMZN,CLS,CPT,CY,DECK,EMN,ENVA,EPAY,ESL,EW,EXPO,FBHS,HAYN,KLIC,LPLA,MATW,MCK,MOD,MTX,NFG,OTEX,PFPT,PKI,POST,SIGI,SKYW,SYMC,WAIR,YUMC,AON,BAH,BERY,CI,CVX,CYOU,D,HMC,HON,IDXX,IMO,ITW,JCI,KKR,LYB,MINI,MRK,MSG,OSB,PFS,ROP,SBSI,SF,SNE,SOGO,SOHU,SPG,SPR,VRTS,WETF,WFT,WY,XOM,ZBH

Friday (Feb 1)

• Morning: AON BAH BERY CI CVX CYOU D HMC HON IDXX IMO ITW JCI KKR LYB MINI MRK MSG OSB PFS ROP SBSI SF SNE SOGO SOHU SPG SPR VRTS WETF WFT WY XOM ZBH

According to FactSet, fourth quarter reported earnings per share are up 12% with sales up 6.6%. Fourth quarter earnings are now expected to grow 11% with sales up 6.0%. Roughly 67% have exceeded earnings estimates while 55% have beaten revenue expectations. 59% of companies reporting earnings have traded higher in response.

First quarter EPS are now expected to grow just 0.5% with sales up 6%. For 2019, earnings are expected to grow 6.1% with sales up 5.3%.

-=Anthem (ANTM) reported earnings on Wed 31 Oct 2018 (b/o)

Anthem beats by $0.11, reports revs in-line; raises FY18 EPS above consensus; reaffirms operating rev guidance 

Reports Q3 (Sep) earnings of $3.81 per share, $0.11 better thanthe S&P Capital IQ Consensus of $3.70; revenues rose 4.0% year/year to $22.98 bln vs the $22.85 bln S&P Capital IQ Consensus. 

Medical enrollment increased by 5 thousand members sequentially, totaling approximately 39.5 million members as of September 30, 2018.

Benefit Expense Ratio was 84.8% driven by solid medical cost performance.

Co issues raises guidancefor FY18, sees EPS of higher than $15.60 from higher than $15.40 prior guidance vs. $15.50 S&P Capital IQ Consensus; reaffirms revs $91-92 bln versus $91.3 bln Capital IQ consensus

Guidance: Medical membership is expected to be in the range of 39,900,000 - 40,100,000 (range of 39,900,000 - 40,100,000 prior guidance). Fully-insured membership is expected to be in the range of 14,600,000 - 14,700,000 and self-funded membership is expected to be in the range of 25,300,000 - 25,400,00. Benefit expense ratio is now expected to be in the range of 84.2% plus or minus 30 basis points.

=Anthem (ANTM) reported earnings on Wed 27 Jul 2016 (b/o)

Anthem beats by $0.10, beats on revs; reaffirms FY16 EPS guidance :

• Reports Q2 (Jun) earnings of $3.33 per share, net negative adjustment items, of $0.42 per share, $0.10 better than the Capital IQ Consensus of $3.23; revenues rose 7.7% year/year to $21.27 bln vs the $20.51 bln Capital IQ Consensus.
  • Medical enrollment has increased by approximately 1.2 million members in 2016, or 3.0 percent, totaling approximately 39.8 million members as of June 30, 2016.
• Co reaffirms guidance for FY16, sees EPS of expected to be >$10.80 vs. $10.95 Capital IQ Consensus Estimate.
  • Company now expects medical enrollment to grow by 1.0 - 1.2 million members for full year 2016.