Elevance beats quarterly profit estimates on lower-than-expected medical costs-March 2024-www.financetom.com

Elevance beats quarterly profit estimates on lower-than-expected medical costs

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Elevance beats quarterly profit estimates on lower-than-expected medical costs

Jan 23, 2025 3:34 AM

Jan 23 (Reuters) - Elevance beat Wall Street

estimates for quarterly profit on Thursday, as the health

insurer spent less than expected on the medical costs of its

members.

On an adjusted basis, the company reported a fourth-quarter

profit of $3.84 per share, compared with analysts' estimates of

$3.80 per share, according to LSEG data.

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