INDIANAPOLIS – Anthem delivered a better-than-expected first quarter and pushed its 2021 forecast past expectations, as growing enrollment and a pharmacy benefits business lifted the health insurer.
The Blue Cross-Blue Shield insurer said Wednesday that it now expects full-year earnings to come in at greater than $25.10 per share after starting 2021 with a forecast that fell well short of Wall Street projections.
Analysts now expect, on average, earnings of $24.70 per share, according to FactSet. The Indianapolis company covers more than 43 million people in several states, including big markets like New York and California.