Anthem Cuts 2020 Earnings Outlook Amid Covid-19 Uncertainty
October 28 2020 - 5:52AM
Dow Jones News
By Dave Sebastian
Anthem Inc. fell 2.3% in premarket trading Wednesday after the
company said it cut its earnings outlook for the year amid
uncertainty around the Covid-19 pandemic.
The company said it expects 2020 earnings of more than $17.87 a
share, including about $4.43 a share in net unfavorable items. It
previously expected full-year net income of more than $20.91 a
share.
Anthem reaffirmed its adjusted-earnings guidance of more than
$22.30.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
October 28, 2020 06:37 ET (10:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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