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Benzinga
Benzinga
Business
Vandana Singh

Elevance Health Hit By Medicaid Troubles, Trims Outlook

Elevance Health Medicaid ELV Centene ACA Jonathan Weiss Medicare Advantage
Elevance Health-Photo by Jonathan Weiss via Shutterstock

Elevance Health Inc. (NYSE:ELV) shares plummeted nearly 12% on Thursday after the health insurer reported second-quarter 2025 adjusted earnings that missed analyst expectations and significantly lowered its full-year guidance, overshadowing strong revenue growth.

The company reported second-quarter 2025 revenues of $49.42 billion, up 14.3% year over year, higher than the consensus of $48.34 billion. 

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