Elevance Health stock tumbles on Medicaid, Medicare changes
Elevance Health (ELV) shares lost 11% on Thursday after the health insurance group posted weaker-than-expected third-quarter earnings. The company reported adjusted earnings of $8.37 a share, missing analysts’ consensus forecast of $9.
On Thursday, Elevance Health disclosed in its third quarter earnings release that its medical loss ratio — the amount of ...
Key Takeaways The S&P 500 was essentially flat on Thursday, Oct. 17, closing less than 0.1% lower despite strong retail sales ...
Elevance Health has purchased Carebridge, a manager of "home and community-based services," the health insurer disclosed ...
MT Newswires on MSN15h
Elevance Health Lowers Full-Year Earnings Outlook Following Mixed Third-Quarter ResultsElevance Health (ELV) slashed its full-year earnings outlook on Thursday as the health insurer's third-quarter revenue beat Wall Street estimates while bottom-line results missed expectations amid ...
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