(Reuters) -Elevance Health said on Thursday it expects first-quarter profit above estimates, helped by medical cost trends that were in line with its expectations.
The company forecast first-quarter adjusted profit of $11.97 per share, compared with analysts’ average estimate of $11.37 per share, according to data compiled by LSEG.
Elevance will release its full results for the quarter on April 22.
(Reporting by Christy Santhosh and Siddhi Mahatole in Bengaluru; Editing by Shreya Biswas)
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