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Anthem Reports Fourth-Quarter, Full-Year Results

Written on January 27, 2016 by News Release

Categories: Business

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INDIANAPOLIS — Anthem Inc. announced Wednesday, Jan. 27, that fourth-quarter 2015 net income was $180.9 million or $0.68 per share. These results included net negative adjustment items of $0.46 per share. Net income in the fourth quarter of 2014 was $506.7 million or $1.80 per share, which included net negative adjustment items of $0.06 per share.

Excluding the items noted in each period, adjusted net income was $1.14 per share in the fourth quarter of 2015, a decrease of 38.7 percent compared with adjusted net income of $1.86 per share in the prior year quarter.

Full-year, 2015, net income totaled approximately $2.6 billion or $9.38 per share, including net negative adjustment items of$0.78 per share. Full-year, 2014, net income was approximately $2.6 billion or $8.99 per share, including net negative adjustment items of $0.36 per share. Excluding the items noted in each period, adjusted net income was $10.16 per share for the full year, 2015, an increase of 8.7 percent from $9.35 per share in 2014.

“Our solid fourth-quarter results reflected a continuation of our positive operating momentum as we ended the year serving 38.6 million members across our Commercial and Government markets. As we look ahead to 2016, we remain well-positioned to continue advancing affordability, quality and choice for our members. We believe our strategy will be enhanced with the pending acquisition of Cigna, which we continue to expect should close in the second half of 2016,” said Joseph Swedish, chairman, president and chief executive officer.

“We are pleased with our performance in the fourth quarter and our full-year 2015 results of $10.16 in adjusted EPS. Our 2015 performance and favorable medical cost trends set a strong starting point for 2016,” said Wayne DeVeydt, executive vice president and chief financial officer.

To view the full news release, click here.

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