Elevance raises annual profit forecast on better medical cost management
ELV•Elevance raises annual profit forecast
July 15 (Reuters) - Elevance Health raised its annual profit forecast on Wednesday, as it looks to keep medical costs in check.
The health insurer forecast annual adjusted profit to be at least $27 per share, compared with at least $26.75 per share projected earlier.
Analysts on average estimate an annual profit of $26.86 per share, according to data compiled by LSEG.
