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Indianapolis, Indiana-based Elevance Health, Inc. (ELV) operates as a health benefits company providing health insurance and related services. Valued at $85.6 billion by market cap, the company provides health, dental, vision, and pharmacy benefits, as well as life insurance, and disability insurance benefits dedicated to address healthcare disparities. The healthcare giant is expected to announce its fiscal fourth-quarter earnings for 2024 on Wednesday, Jan. 22.
Ahead of the event, analysts expect ELV to report a profit of $3.82 per share on a diluted basis, down 32% from $5.62 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.