Elevance Health shares are trading higher after the company reported better-than-expected Q1 EPS and raised its FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Elevance Health's stock is trading higher following the announcement of its Q1 earnings per share (EPS) surpassing expectations and an upward revision of its full-year 2023 (FY23) guidance.
April 18, 2024 | 12:52 pm
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Elevance Health's shares are experiencing an uptick due to its Q1 EPS exceeding forecasts and the company raising its FY23 outlook.
Elevance Health's positive earnings surprise and optimistic guidance revision typically lead to increased investor confidence and demand for the stock, driving its price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100