Elevance Health Inc. Profit Drops In Q4

(RTTNews) - Elevance Health Inc. (ELV) released a profit for fourth quarter that decreased from last year

The company's bottom line totaled $418 million, or $1.81 per share. This compares with $856 million, or $3.63 per share, last year.

Excluding items, Elevance Health Inc. reported adjusted earnings of $888 million or $3.84 per share for the period.

The company's revenue for the period rose 6.0% to $44.989 billion from $42.454 billion last year.

Elevance Health Inc. earnings at a glance (GAAP) :

-Earnings: $418 Mln. vs. $856 Mln. last year. -EPS: $1.81 vs. $3.63 last year. -Revenue: $44.989 Bln vs. $42.454 Bln last year.