NYSE:ELVHealthcare
Why Elevance Health (ELV) Is Up 6.5% After Earnings Beat, Outlook Hike and Bigger Buybacks
Elevance Health recently reported another earnings beat, raised its outlook, and authorized billions of dollars in additional share buybacks, underscoring tight control over utilization and pricing.
Despite its scale, capital returns, and reputation as a defensive growth name, the company still appears underappreciated by many US investors.
With Elevance Health boosting its outlook and accelerating buybacks, we'll explore how this earnings momentum affects the existing investment...