8-K ·Filed Apr 22, 2026
8-K Item 2.02: Earnings release
Actionable Insight ▼ Bearish
Monitor upcoming quarters to see if the raised adjusted EPS guidance materializes despite the GAAP EPS miss and CMS matter exposure.
Final — all horizons settled through T+60d ⚠ clustered
ELV ▲ +13.68% at T+60d
SHORT call ✗ call lost -13.68% · α vs SPY -8.90% · entry $328.20 → $373.11
T+1d
+5.51%
call -5.51% · α -5.91%
$346.29
settled 6mo ago
T+5d
+12.36%
call -12.36% · α -12.30%
$368.75
settled 6mo ago
T+20d
+22.57%
call -22.57% · α -19.40%
$402.27
settled 5mo ago
T+60d
+13.68%
call -13.68% · α -8.90%
$373.11
settled 3mo ago
Price Chart
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Executive Summary
Elevance Health reported Q1 2026 earnings of $8.00 GAAP EPS, missing consensus by 26.2% despite raising full-year adjusted EPS guidance to at least $26.75, driven by a $1 per share non-recurring investment gain and improved business strength.
Key Financial Metrics
EPS
$8.00
est $10.81 · -26.0%
Revenue
$49.5B
est $48.8B · +1.5% · +1.5% YoY
Rating
miss
Key Facts
- Q1 2026 GAAP EPS was $8.00, missing consensus of $10.81 by 26.2%
- Adjusted EPS was $12.58, beating the prior year's $11.97
- Revenue of $49.5B was up 1.5% YoY, slightly above consensus of $48.77B
- Full-year 2026 adjusted EPS guidance raised to at least $26.75, up from $25.50
- GAAP EPS guidance lowered to at least $19.85, including a $4.24 CMS accrual
Financial Impact
EPS miss of $2.81 vs consensus, revenue beat of $0.73B
epsrevenueguidance
Risk Factors
- CMS matter could result in a $935M accrual
- Operating expense ratio increased to 12.8% due to business optimization charges
Market Snapshot
Exchange
NYSE
Sector
Hospital & Medical Service Plans
Investment Themes
Traditional Finance
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001156039-26-000039 |
| Document: elv-20260422.htm | 0001156039-26-000039 |
| Document: 0001156039-26-000039-index-headers.html | 0001156039-26-000039 |
| Document: 0001156039-26-000039-index.html | 0001156039-26-000039 |
| Document: 0001156039-26-000039.txt | 0001156039-26-000039 |
| 8-K Data (Synthetic) | 0001156039-26-000039 |
16 reports for ELV
Track record builds as more directional reports settle.
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | 144 | $439.95 $431.32 | ▼ −1.96% | ▼ −2.67% | $421.49 (−4.20%) |
Oct 21, 2026 6d ago | 8-K | $434.13 $445.28 | ▲ +2.57% | ▲ +3.75% | $421.49 (−2.91%) |
Oct 20, 2026 7d ago | Institutional Cluster | $434.13 $445.28 | ▲ +2.57% | ▲ +3.75% | $421.49 (−2.91%) |
Sep 10, 2026 6w ago | 8-K | $416.54 $418.72 | ▲ +0.52% | ▼ −0.33% | $421.49 (+1.19%) |
Aug 27, 2026 8w ago | Institutional Cluster | $399.11 $394.43 | ▼ −1.17% | ▼ −0.95% | $421.49 (+5.61%) |
Aug 20, 2026 9w ago | Court Ruling | $400.54 $402.63 | ▲ +0.52% | ▲ +0.82% | $421.49 (+5.23%) |
Aug 17, 2026 10w ago | Court Ruling | $396.54 $396.72 | ▲ +0.05% | ▼ −0.16% | $421.49 (+6.29%) |
Jul 23, 2026 13w ago | GOVT-CONTRACT | $376.04 $376.72 | ▲ +0.18% | ▲ +0.16% | $421.49 (+12.09%) |
Jul 17, 2026 14w ago | Insider Cluster | $373.11 $382.23 | ▲ +2.44% | ▲ +2.61% | $421.49 (+12.97%) |
Jul 15, 2026 14w ago | 8-K | $390.33 $372.85 | ▼ −4.48% | ▼ −3.94% | $421.49 (+7.98%) |
Showing 10 of 16
US Market Status
Market Closed — Opens Thu (11h 37m)
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