How reliable are ELV's earnings forecasts?

Elevance Health (ELV) has demonstrated a strong track record of exceeding earnings expectations, making its earnings forecasts reliable:

1. **Consistent Performance**: ELV has consistently beaten EPS estimates 100% of the time over the last two years and has beaten revenue estimates 75% of the time.
2. **Recent Outperformance**: In the most recent quarter, ELV's EPS of $10.64 exceeded estimates by $0.16, and revenue of $42.3 billion was slightly below estimates but still represented a solid performance.
3. **Upcoming Quarter Outlook**: For the upcoming quarter, ELV is estimated to report EPS of $10.6 and revenue of $45.32 billion. This reflects a continuation of the company's historical performance and suggests that investors can expect reliable earnings results.

In summary, ELV's earnings forecasts are reliable, as evidenced by the company's consistent performance in exceeding estimates and the positive outlook for the upcoming quarter.