earnings
confidence high
sentiment positive
materiality 0.78
Elevance Health Q1 adj EPS $12.58 beats; raises FY2026 adj EPS guidance to at least $26.75
Elevance Health, Inc.
2026-Q1 EPS
reported $8.00
vs consensus $10.93
▼ miss
(-26.8%)
- Q1 operating revenue $49.5B (+1.5% YoY); diluted EPS $8.00, adjusted diluted EPS $12.58 (includes ~$1 non-recurring investment income).
- Health Benefits segment revenue $42.5B (+2.6% YoY); operating margin 5.1% vs 5.4% YoY.
- Carelon segment revenue $18.0B (+7.9% YoY); operating margin 5.9% vs 6.6% YoY.
- Recorded $935M accrual for CMS matter and $129M business optimization charge; adjusted operating margin 6.5%.
- FY2026 adjusted EPS guidance raised to at least $26.75; reaffirm operating cash flow at least $5.5B.