Insurer Anthem hikes 2015 forecast, 2Q earnings climb
Anthem has pumped up its 2015 forecast again after earnings jumped more than 17 percent in its most recent quarter, helped by a surge in government money.
The Blue Cross-Blue Shield carrier now expects 2015 adjusted earnings to top $10 per share, which is up from an upgraded forecast in April to greater than $9.90 per share.
Analysts expect earnings of $10.04 per share, according to FactSet.
Anthem Inc. grew to become the nation's second-largest health insurer by selling commercial coverage in key markets like California and New York, but lately it has been staking more of its future growth on government business.