MOH - Anthem reaffirms 2022 earnings guidance below expectations

Ahead of the interactions with investors over the next several weeks, the management of the health insurer Anthem (NYSE:ANTM) issued the guidance for 2022 net income on Monday. However, the 2022 outlook for adj. net income continues to stand below the current average estimates of the analysts. As previously disclosed with its Q4 2021 results, Anthem (ANTM) continues to project its net income for the year to be greater than $26.75 per share, including nearly $1.50 per share of net unfavorable items. Excluding this impact, the company reaffirmed its 2022 adjusted net income guidance at more than $25.25 per share. The current consensus estimates indicate $28.47 per share of net income for Anthem in 2022, compared to $28.54 per share at the time of its last earnings release. Anthem (ANTM), the second largest Medicaid insurer in the U.S., has lost ~2% in the year so far, underperforming the peers, Molina

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Anthem reaffirms 2022 earnings guidance below expectations