ELEVANCE HEALTH $ELV Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $50.44B (Est. $49.21B) 🟢; +0.7% YoY 🔹 Adj. EPS: $6.99 (Est. $4.68) 🟢; +15.9% YoY 🔹 Benefit Expense Ratio: 90.6%; +70 bps YoY Raises FY26 Guide: 🔹 Adj. EPS: at least $29.00 🔹 GAAP EPS: at least $22.00 🔹 Operating Cash Flow: at least $6.5B Segment Operating Revenue: 🔹 Health Benefits: $43.36B; +2.6% YoY 🔹 Carelon: $19.3B; +5% YoY Other Q3 Metrics: 🔹 GAAP EPS: $6.27; +17.9% YoY 🔹 Operating Margin: 2.5%; -10 bps YoY 🔹 Total Medical Membership: 44.9M; -1.1% YoY 🔹 Operating Cash Flow: $1.3B Key Updates: 🔹 Amortization of other intangible assets: $0.49/share 🔹 Net losses on financial instruments: $0.22/share 🔹 Transaction and integration related costs: $0.19/share 🔹 Business optimization program charges: $0.08/share 🔹 Litigation and settlement expenses: $0.04/share 🔹 Tax impact of non-GAAP adjustments: -$0.31/share 🔸 Results reflect improved operating performance and a net non-operating benefit of $1.85 per share 🔹 Share Repurchases: 0.8M shares for $330M; Quarterly Dividend: $1.72/share Comments: 🔸 “We are raising our 2026 earnings outlook and remain confident in delivering at least 12% growth in adjusted diluted earnings per share in 2027 from our higher earnings baseline of at least $26.75(3).”

All these stocks hit new 52 WEEK HIGHS at some point today Berkshire Hathaway $BRK.B Moderna $MRNA Visa $V Mastercard $MA Iovance $IOVA Avantor $AVTR APA $APA Hasbro $HAS Thermo Fisher $TMO Match Group $MTCH Box $BOX Charles River Laboratories $CRL Elevance Health $ELV Atlassian $TEAM Centene $CNC Hinge Health $HNGE Hilton $HLT Agilent $A Arcosa $ACA Cintas $CTAS MetLife $MET Halozyme $HALO DocuSign $DOCU RingCentral $RNG ADP $ADP SharkNinja $SN Manulife $MFC Exelixis $EXEL Murphy Oil $MUR Cardinal Health $CAH Veeva $VEEV BBB Foods $TBBB Kiniksa $KNSA Waters $WAT BeOne Medicines $ONC West Pharmaceutical $WST Manhattan Associates $MANH Paylocity $PCTY Paycom $PAYC Zebra $ZBRA Affiliated Managers $AMG Mettler-Toledo $MTD

Today's Key Events (All EST) — 10/21/2026 07:00: US MBA Mortgage Applications Before Open 👇 05:30: Lithia Motors (LAD) 06:00: Thermo Fisher Scientific (TMO) 06:00: Danaher (DHR) 06:00: Elevance Health (ELV) 06:00: Integra LifeSciences Holdings (IART) 06:30: AT&T (T) 06:30: Wabtec (WAB) 06:55: Philip Morris International (PM) 06:55: Teledyne Technologies Incorporated (TDY) 07:00: CME Group (CME) 07:00: Moody's (MCO) 07:00: Healthcare Services Group (HCSG) 07:10: Northern Trust (NTRS) 07:30: Abbott Laboratories (ABT) 07:30: NextEra Energy (NEE) BMO: BKU, ONB, WGO, MHO, OFG, UNF, FCCO After Hours 👇 16:00: Meta Platforms (META) 16:00: Texas Instruments Incorporated (TXN) 16:00: CSX (CSX) 16:05: International Business Machines (IBM) 16:05: Lam Research (LRCX) 16:05: Texas Capital Bancshares (TCBI) 16:05: WD-40 (WDFC) 16:05: Knight-Swift Transportation Holdings (KNX) 16:05: Las Vegas Sands (LVS) 16:05: Rollins (ROL) 16:05: SAP SE (SAP) 16:05: Kinder Morgan (KMI) 16:05: Ategrity Specialty Insurance Company Holdings (ASIC) 16:05: NETSTREIT (NTST) 16:05: Getty Realty (GTY) 16:05: Horizon Bancorp (HBNC) 16:05: Mid Penn Bancorp (MPB) 16:05: Reliance (RS) 16:05: SL Green Realty (SLG) 16:05: Viking Therapeutics (VKTX) 16:05: Waste Connections (WCN) 16:10: Tesla (TSLA) 16:10: Globe Life (GL) 16:15: CACI International (CACI) 16:15: Southwest Airlines (LUV) 16:15: Medpace Holdings (MEDP) 16:15: Crown Castle (CCI) 16:15: United Rentals (URI) 16:15: Molina Healthcare (MOH) 16:15: Element Solutions (ESI) 16:15: Quantumscape (QS) 16:15: ARMOUR Residential REIT (ARR) 16:15: Eagle Bancorp (EGBN) 16:15: SouthState Bank (SSB) 16:15: Third Coast Bancshares (TCBX) 16:15: WesBanco (WSBC) 16:30: Kaiser Aluminum (KALU) 16:40: Pinnacle Financial Partners (PNFP) 17:15: Great Southern Bancorp (GSBC) 17:55: Packaging Corporation of America (PKG) 18:10: Liberty Energy (LBRT) AMC: BDN, FBNC

Seth Klarman just updated his $5.4 Billion portfolio ... this is everything he owned as of the end of Q2 - Amazon $AMZN: $892.3M - Elevance Health $ELV: $493.1M - Restaurant Brands $QSR: $489.6M - Google $GOOG: $484.7M - Ferguson Enterprises $FERG: $344.3M - Genuine Parts $GPC: $332.3M - Union Pacific $UNP: $322.4M - Visa $V: $240.6M - WESCO International $WCC: $229.0M - Aon $AON: $227.9M - Teleflex $TFX: $178.6M - Norwegian Cruise Line Holdings $NCLH: $163.2M - Molina Healthcare $MOH: $144.9M - CME Group $CME: $136.7M - Herbalife Nutrition $HLF: $121.8M - Eagle Materials $EXP: $119.4M - GDS Holdings $GDS: $113.2M - Americold Realty Trust $COLD: $107.4M - Liberty Global $LBTYK: $94.0M - Grupo Aeromexico $AERO: $87.8M - Axalta Coating Systems $AXTA: $43.6M - NOW Inc $DNOW: $36.2M - Pershing Square $PS: $12.9M

The deal lays bare the foolishness of Donald Trump’s war and the humiliation of his climbdown. But it also contains the glimmer of something new Photo: Haiyun Jiang/The New York Times/Redux/eyevine

In nominating Jay Clayton, the US attorney for the Southern District of New York, as director of national intelligence, Donald Trump now hopes to advance two important goals Photo: Jefferson Siegel/The New York Times/Redux/Eyevine

Most who go to “teen takeovers” are just bored kids. But when hundreds of young people suddenly rush into a public place, mayhem often follows Photo: Jamie Kelter Davis/The New York Times/Redux/Eyevine