By Matt Grossman

Anthem Inc. Tuesday raised its full-year earnings guidance after topping analysts' profit forecasts for the first three months of the year.

The Indianapolis-based insurer said it now expects adjusted net income of more than $25.10 a share this year, compared with a previous forecast of greater than $24.50 a share.

The company forecast operating revenue of $135.1 billion for the year.

Analysts surveyed by FactSet had been forecasting adjusted earnings of $24.70 a share, and revenue of $135.77 billion.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

April 21, 2021 06:36 ET (10:36 GMT)

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