Investing.com - Anthem (NYSE:ANTM) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Anthem announced earnings per share of $8.25 on revenue of $38.09B. Analysts polled by Investing.com anticipated EPS of $7.85 on revenue of $37.33B.
Anthem shares are up 11% from the beginning of the year and are trading at $517.04 , down-from-52-week-high.They are outperforming the S&P 500 which is down 6.38% from the start of the year.
Anthem follows other major Healthcare sector earnings this month
Anthem's report follows an earnings beat by UnitedHealth on Thursday, April 14, 2022, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.38 on revenue of $78,786M.
J&J had beat expectations on Tuesday with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.69B.
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