Health insurance giant Anthem is expecting positive finances this year, as it said its adjusted net income is expected to rise from an estimated $10.16 per share in 2015 to over $10.80 per share in 2016, according to Reuters.
Initially, Anthem forecasted an adjusted profit of $10.10 to $10.20 per share for 2015. According to Thomson Reuters I/B/E/S, analysts expected net earnings of $10.17 per share for 2015 and expect $10.85 per share for 2016.
Regarding medical enrollments, Anthem said it expected 38.6 million for 2015 as opposed to 37.4 million at the end of 2014.
This summer, Anthem bought Cigna in a $47 billion deal, which is still under scrutiny by the Department of Justice. Reuters recently reported 15 state attorneys general have joined the DOJ's probe of the Anthem-Cigna merger and the Aetna-Humana merger.