Anthem, Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Anthem, Inc. (ANTM) released a profit for its first quarter that rose from the same period last year.

The company's profit totaled $1.55 billion, or $5.91 per share. This compares with $1.31 billion, or $4.99 per share, in last year's first quarter.

Excluding items, Anthem, Inc. reported adjusted earnings of $1.58 billion or $6.03 per share for the period.

Analysts had expected the company to earn $5.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.4% to $24.67 billion from $22.54 billion last year.

Anthem, Inc. earnings at a glance:

-Earnings (Q1): $1.58 Bln. vs. $1.42 Bln. last year. -EPS (Q1): $6.03 vs. $5.41 last year. -Analysts Estimate: $5.86 -Revenue (Q1): $24.67 Bln vs. $22.54 Bln last year.