09:57 AM EDT, 10/21/2025 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

Elevance Health ( ELV ) shares were down over 4% in recent trading after the company reported a year-over-year decline in Q3 adjusted earnings that still beat analyst expectations.

The company reported Q3 adjusted earnings of $6.03 per diluted share, down from $8.60 a year earlier. Analysts polled by FactSet expected $4.93.

Revenue for the quarter ended Sept. 30 was $50.71 billion, up from $45.11 billion a year earlier. Analysts surveyed by FactSet expected $49.34 billion.

For 2025, the health care provider continues to expect adjusted EPS of $30. Analysts polled by FactSet expect $29.90.

Price: 339.42, Change: -14.65, Percent Change: -4.14