ANTM - Anthem EPS beats by $0.01 beats on revenue
Anthem (ANTM): Q4 Non-GAAP EPS of $2.54 beats by $0.01; GAAP EPS of $2.19 beats by $0.05.Revenue of $31.53B (+16.2% Y/Y) beats by $700M.Guidance: Medical membership is expected to be in the range of 44.1 - 44.7 million. Fully insured membership is expected to be in the range of 18.6 - 19.0 million. Self-funded membership is expected to be in the range of 25.5 - 25.7 million.Operating revenue is expected to be approximately $135.1 billion, including premium revenue of $114.5 billion - $115.5 billion.Benefit expense ratio is expected to be in the range of 88.0% plus or minus 50 basis points.SG&A ratio is expected to be 10.8% plus or minus 50 basis points.Operating cash flow is expected to be greater than $5.7 billion.Investment income is expected to be $940 million.Interest expense is expected to be $785 million.Effective tax rate is expected to be between 20.0 - 22.0%.Share count is expected
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Anthem EPS beats by $0.01, beats on revenue