RTTNews | Oct 28, 2020 06:32AM EDT

06:32 Wednesday, October 28, 2020 (RTTNews.com) - Anthem, Inc. (ANTM) revealed a profit for third quarter that declined from the same period last year.

The company's earnings came in at $0.22 billion, or $0.87 per share. This compares with $1.18 billion, or $4.55 per share, in last year's third quarter.

Excluding items, Anthem, Inc. reported adjusted earnings of $1.07 billion or $4.20 per share for the period.

Analysts had expected the company to earn $4.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.8% to $31.16 billion from $26.67 billion last year.

Anthem, Inc. earnings at a glance:

-Earnings (Q3): $1.07 Bln. vs. $1.27 Bln. last year.-EPS (Q3): $4.20 vs. $4.87 last year.-Analysts Estimate: $4.15-Revenue (Q3): $31.16 Bln vs. $26.67 Bln last year.

-Guidance:Full year EPS guidance: $22.30

Read the original article on RTTNews ( https://www.rttnews.com/3139974/anthem-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved