Elevance raises annual profit forecast on better medical cost management

Elevance Health

Elevance Health

ELV

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July 15 (Reuters) - Elevance Health ELV.N 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.


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