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Elevance Health Analysts Boost Their Forecasts After Upbeat Earnings

Elevance Health Inc. (NYSE:ELV) reported better-than-expected first-quarter earnings and raised its FY23 guidance. Elevance Health reported first-quarter revenues of $42.3 billion, up 0.9% year over year, marginally missing the consensus of $42.6 billion. Elevance Health's first-quarter profit grew 12.2% year over year to $2.2 billion. The insurer reported adjusted EPS of $10.64, up 12.5% year over year and beating the consensus of $10.53, according to data from Benzinga Pro. The company reported $37.3 billion in operating revenue at its health ...