Elevance Health Q2 EPS $7.45 beats on $0.80 non-operating gain as adjusted operating margin falls

 

Elevance Health Q2 EPS $7.45 beats on $0.80 non-operating gain as adjusted operating margin falls to 3.6% from 5.0%, revenue $49.8B

• Higher benefit expense ratios drove margin deterioration, stoking worries about underlying profitability.

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