ANTM Anthem Inc

By Matt Grossman

Anthem Inc. Wednesday said it expects its adjusted profit to be higher in 2022.

The health insurer forecast adjusted earnings of at least $28.25 a share this year, compared with adjusted earnings of $25.98 a share in 2021. Analysts polled by FactSet were forecasting 2022 adjusted earnings of $28.59 a share.

Medical membership will be in a range of 45.6 million to 46.2 million this year, Anthem forecast.

The company projected operating revenue of $152 billion, including premium revenue of $130 billion. The benefit-expense ratio, a measure of the proportion of premiums paid out in healthcare costs, will be about 88% plus or minus 0.5 percentage points, Anthem estimated.

Shares were down 2.6% in premarket trading.

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

(END) Dow Jones Newswires

January 26, 2022 06:33 ET (11:33 GMT)

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