ANTM Anthem Inc

By Dave Sebastian

Anthem Inc. said it raised its earnings and operating revenue guidance as it posted higher overall revenue for the second quarter.

The Indianapolis-based insurer on Wednesday said it expects earnings to be greater than $24.89 a share, including about 61 cents a share of net unfavorable items. It sees adjusted earnings of greater than $25.50 a share.

Anthem said it sees operating revenue of about $137.1 billion, including premium revenue of $116.5 billion to $117.5 billion.

The company previously saw earnings of greater than $24.05 a share, including about $1.05 a share of net unfavorable items, as well as adjusted earnings of greater than $25.10 a share. Its prior operating revenue guidance was about $135.1 billion, including premium revenue of $114.5 billion to $115.5 billion.

Anthem said it expects medical membership of 44.8 million to 45.3 million, compared with its previous outlook of 44.1 million to 44.7 million.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

July 21, 2021 06:53 ET (10:53 GMT)

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