5 Companies Making Noise After Posting Their Earnings Reports

4. Anthem, Inc. (NYSE:ANTM)

Number of Hedge Fund Holders: 63

Shares of Anthem, Inc. (NYSE:ANTM) recently jumped to an all-time high following its upbeat financial performance for the first quarter. The health insurance giant reported adjusted earnings of $8.25 per share, up from $7.01 per share in the year-ago period.

In addition, Anthem, Inc. (NYSE:ANTM) posted revenue of $37.9 billion, up 18 percent on a year-over-year basis. The results surpassed analysts’ average estimate of $7.81 per share for earnings and $37.42 billion for revenue.

Anthem, Inc. (NYSE:ANTM) also raised its profit outlook for 2022, citing a better-than-expected Q1 performance. It is anticipating adjusted earnings of more than $28.40 per share for the full year, compared to its previous guidance of over $28.25 per share.

Commenting on the quarter, CEO Gail Boudreaux said:

“Our strong momentum across all our businesses is evidence that our transformation to become a lifetime, trusted health partner continues to drive our growth and accelerate our capabilities focused on whole person health.”