QQQ   327.23 (-0.38%)
AAPL   173.47 (-0.62%)
MSFT   289.35 (-0.68%)
META   172.37 (-1.42%)
GOOGL   118.97 (-0.49%)
AMZN   140.96 (-0.80%)
TSLA   907.01 (-0.55%)
NVDA   183.91 (+0.31%)
NIO   19.66 (-2.09%)
BABA   88.90 (-0.97%)
AMD   97.77 (-0.51%)
MU   61.78 (+0.26%)
T   18.34 (-0.43%)
CGC   3.79 (-6.65%)
F   15.94 (-0.56%)
GE   79.46 (-0.58%)
DIS   121.99 (-0.67%)
AMC   21.46 (+0.47%)
PYPL   97.28 (-2.15%)
PFE   49.01 (-0.53%)
NFLX   239.96 (-0.49%)
QQQ   327.23 (-0.38%)
AAPL   173.47 (-0.62%)
MSFT   289.35 (-0.68%)
META   172.37 (-1.42%)
GOOGL   118.97 (-0.49%)
AMZN   140.96 (-0.80%)
TSLA   907.01 (-0.55%)
NVDA   183.91 (+0.31%)
NIO   19.66 (-2.09%)
BABA   88.90 (-0.97%)
AMD   97.77 (-0.51%)
MU   61.78 (+0.26%)
T   18.34 (-0.43%)
CGC   3.79 (-6.65%)
F   15.94 (-0.56%)
GE   79.46 (-0.58%)
DIS   121.99 (-0.67%)
AMC   21.46 (+0.47%)
PYPL   97.28 (-2.15%)
PFE   49.01 (-0.53%)
NFLX   239.96 (-0.49%)
QQQ   327.23 (-0.38%)
AAPL   173.47 (-0.62%)
MSFT   289.35 (-0.68%)
META   172.37 (-1.42%)
GOOGL   118.97 (-0.49%)
AMZN   140.96 (-0.80%)
TSLA   907.01 (-0.55%)
NVDA   183.91 (+0.31%)
NIO   19.66 (-2.09%)
BABA   88.90 (-0.97%)
AMD   97.77 (-0.51%)
MU   61.78 (+0.26%)
T   18.34 (-0.43%)
CGC   3.79 (-6.65%)
F   15.94 (-0.56%)
GE   79.46 (-0.58%)
DIS   121.99 (-0.67%)
AMC   21.46 (+0.47%)
PYPL   97.28 (-2.15%)
PFE   49.01 (-0.53%)
NFLX   239.96 (-0.49%)
QQQ   327.23 (-0.38%)
AAPL   173.47 (-0.62%)
MSFT   289.35 (-0.68%)
META   172.37 (-1.42%)
GOOGL   118.97 (-0.49%)
AMZN   140.96 (-0.80%)
TSLA   907.01 (-0.55%)
NVDA   183.91 (+0.31%)
NIO   19.66 (-2.09%)
BABA   88.90 (-0.97%)
AMD   97.77 (-0.51%)
MU   61.78 (+0.26%)
T   18.34 (-0.43%)
CGC   3.79 (-6.65%)
F   15.94 (-0.56%)
GE   79.46 (-0.58%)
DIS   121.99 (-0.67%)
AMC   21.46 (+0.47%)
PYPL   97.28 (-2.15%)
PFE   49.01 (-0.53%)
NFLX   239.96 (-0.49%)

Insurer Anthem underwhelms Street with 2022 forecast


In this May 14, 2019, file photo signage on the outside of the corporate headquarters building of health insurance company Anthem is shown in Indianapolis. Anthem is starting 2022 with lower expectations than Wall Street for how the year will play out. The Blue Cross-Blue Shield health insurer laid out on Wednesday, Jan. 26, 2022 earnings, revenue and enrollment projections that all fell short of average analyst expectations, and its stock started sliding early. (AP Photo/Michael Conroy, File)

Anthem is starting 2022 with lower expectations than Wall Street for how the year will play out.

The Blue Cross-Blue Shield health insurer laid out on Wednesday earnings, revenue and enrollment projections that all fell short of average analyst expectations, and its stock slipped while broader indexes rallied.

The health insurer expects enrollment to grow, especially in Medicare Advantage, the privately run version of the federal government's coverage program. But it also anticipates some increased costs at least initially as the new customers start using their coverage.

Anthem said it expects this year that adjusted earnings will be greater than $28.25 per share on $152 billion in operating revenue, which excludes investment income.

The insurer also sees total enrollment ending up at somewhere between 45.6 million and 46.2 million people for the year after ending 2021 with about 45.4 million.

For next year, analysts expect, on average, earnings of $28.59 per share on $153 billion in revenue, with enrollment totaling about 46.8 million people, according to FactSet.

Most of Anthem's customers have plans they bought on the individual insurance market or through employers. But the company's government business, which includes Medicare Advantage and Medicaid programs it manages for states, grew 17% to more than 15 million people in 2021.

In the fourth quarter, Anthem also missed the consensus expectation by about $500 million with operating revenue of $36.02 billion.

The insurer’s adjusted earnings of $5.14 per share in the quarter, beat expectations by 3 cents while Anthem's profit doubled to $1.14 billion.

For the full year, Anthem earned $6.1 billion on $136.94 billion in operating revenue.

Shares of Indianapolis-based Anthem Inc. fell more than 1%, or $6.17, to $433.01 Wednesday morning while the S&P 500 index advanced more than 1%.


Anthem shares have climbed about 40% over the past year.

10 Recession-Proof Stocks That Will Let You Wait Out the Bear

Whoever coined the expression that patience is a virtue probably never invested money in the equity markets. It can be excruciating to see a stock's price plummet. And that's particularly true when the stock was possibly at all-time highs just one year ago.

Here's the good news. In some cases, the reasons you liked the stock still exist. If that's true, then there's reason to believe that the stock price may recover.

The bad news is there's no way to know for sure when that will be. And anyone who says they do is not telling you the truth.

So what's an investor to do? We believe the answer is to be selective. And right now that means looking at best-in-class stocks that are built to ride out recessions.

In this special presentation, we'll give you seven stocks to consider as you look for safe stocks that give you an opportunity for growth and that pay a dividend for good measure. Here are the 7 recession-proof stocks that will let you wait out this bear market.

View the "10 Recession-Proof Stocks That Will Let You Wait Out the Bear".

Free Email Newsletter

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Most Read This Week

Recent Articles

Search Headlines:

Latest PodcastESG - Profitably Invest Your Values

David McNatt discusses ESG investing and offers ways to avoid pitfalls and to understand exactly what kinds of companies you are buying.

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.