Yahoo FinanceElevance Health beats quarterly profit estimates

Jul 17 2024 05:11 PM IST

Elevance Health beat Wall Street estimates for quarterly profit. Health insurer spent less than expected on the medical costs of its members. On an adjusted basis, the company reported a second-quarter profit of $10.12 per share, according to LSEG data.

(Reuters) - Elevance Health beat Wall Street estimates for quarterly profit on Wednesday, as the health insurer spent less than expected on the medical costs of its members.
On an adjusted basis, the company reported a second-quarter profit of $10.12 per share, compared with analysts' estimates of $10.01 per share, according to LSEG data.
(Reporting by Puyaan Singh and Sriparna Roy in Bengaluru; Editing by Devika Syamnath)
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