Elevance Health's Q4 Earnings Beat Estimates on Rising Premiums
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Elevance Health's Q4 earnings exceeded expectations due to rising premiums, though higher expenses and Medicaid membership attrition partially offset these gains.
January 23, 2025 | 7:00 pm
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Elevance Health's Q4 earnings surpassed estimates thanks to increased premiums. However, the company faced challenges from higher expenses and a decline in Medicaid membership, which partially offset the positive impact of the premium rise.
The rise in premiums positively impacted Elevance Health's earnings, leading to a beat in estimates. However, the positive effect was partially offset by increased expenses and a decline in Medicaid membership. Overall, the earnings beat is likely to have a positive short-term impact on ELV's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100