Elevance Health Raises 2026 Profit Forecast
Elevance Health raised its annual profit forecast after posting better-than-expected third-quarter results. The insurer benefited from lower medical costs and higher premium yields.
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Elevance Health raised its 2026 adjusted profit forecast to at least $29 per share on Wednesday morning, topping analyst estimates of $27.23 per share. The upward revision follows third-quarter results that benefited from lower medical costs and higher premium yields. Investors are assessing whether margin recovery can offset declining membership in government-backed plans.
