Summary
Elevance Health, Inc. (formerly Anthem, Inc.) filed a Form 8-K on January 13, 2015, to provide preliminary updates on its financial performance and operational metrics for the full year 2014, ahead of its detailed earnings release. The company anticipates reporting full-year 2014 net income per diluted share of $8.99 and adjusted net income per diluted share of $8.85. These figures exclude certain net gains totaling $0.14 per share, which include items like net realized investment gains and losses on extinguishment of debt. Furthermore, the report indicates that Elevance Health expected to close out 2014 with approximately 37.5 million medical members. This filing serves as a pre-release communication to securities analysts and investors, with the comprehensive 2014 financial results slated for announcement on January 28, 2015. Investors should note that the information provided is subject to forward-looking statement safe harbor provisions and potential risks and uncertainties, as detailed in the company's SEC filings.
Key Highlights
- 1Preliminary full-year 2014 net income per diluted share is projected at $8.99.
- 2Preliminary full-year 2014 adjusted net income per diluted share is projected at $8.85.
- 3The reported net income excludes $0.14 per share in net gains and other adjustments.
- 4Key adjustments include net realized investment gains, impairment losses, debt extinguishment, and a specific income item (1-800 CONTACTS 2014 income).
- 5Year-end 2014 medical enrollment is expected to be around 37.5 million members.
- 6Detailed full-year 2014 financial results are scheduled to be released on January 28, 2015.
- 7The report contains forward-looking statements subject to various risks and uncertainties.