Elevance Health reports Q1 GAAP EPS of $9.61, adjusted $11.97; reaffirms 2025 guidance
Elevance Health said it expects first quarter 2025 GAAP net income of $9.61 per diluted share, including about $2.36 per diluted share of net unfavorable items, and adjusted net income of $11.97 per diluted share. The company reaffirmed full-year 2025 adjusted net income guidance of $34.15 to $34.85 per diluted share, and said Medicare Advantage cost trends were in line with its expectations, though still elevated. Full results are due April 22, 2025.
Key points
- Q1 2025 GAAP net income expected at $9.61 per diluted share, including about $2.36 per diluted share of net unfavorable items
- Q1 2025 adjusted net income expected at $11.97 per diluted share
- Full-year 2025 adjusted net income guidance reaffirmed at $34.15 to $34.85 per diluted share
- Full-year 2025 Medicare Advantage membership expected at 2,200 to 2,250 thousand members; full results due April 22, 2025
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 17, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.