Elevance Health Earnings: What to Watch Before the Open
As seen on the 24/7 Wall St. homepage on October 21, 2026.
Elevance reports before the open at 6:00 AM ET with four straight EPS beats behind it, the last one topping estimates by 20.6%. Consensus sits at $4.69 on $49.16 billion in revenue, and Medicare Advantage cost trends are the line that decides how insurers trade today.
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Elevance Health reports quarterly earnings at 6:00 AM ET on October 21, before markets open, so any surprise lands directly into the open.
Consensus sits at $4.69 in earnings per share, the threshold the market will measure Elevance against at the open.
Elevance has beaten earnings estimates in each of its last four quarters, with the most recent result topping expectations by 20.6%. The question now is whether that run extends.
Medicare Advantage cost trends are the variable most likely to decide how the stock trades, since elevated medical costs tied to Medicare Advantage utilization have been the managed care sector's central pressure point. Elevance's commentary on those trends matters as much as the headline numbers.
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Mentioned: ELV