Elevance Health, Inc.(ELV)Earnings Date, History & Expected Move

Next report date, beat rate and options-implied move

Next report

Not scheduled

ELV has no upcoming report date in the calendar yet. It last reported on Oct 21, 2026; companies usually report every three months.

Next report

Not scheduled

Last reported Oct 21, 2026

EPS beat rate

75%

9 of 12 quarters

Avg move after earnings

±4.9%

Up 46% of the time · last 11

Options-implied move

—

No reliable options quote yet

EPS: Actual vs Estimate

Reported EPS against the consensus estimate, last 12 quarters.

Green beat or met, red missed, amber sources differ.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±4.9%).

Did the stock rise after good news?

The next-day move after each of its last 8 EPS beats and 3 misses.

When it beat expectations

8 reports

▲ Rose 4×

▼ Fell 4×

When it missed expectations

3 reports

▲ Rose 1×

▼ Fell 2×

In plain words: it beat expectations 8 times, but the stock still fell 4 of those 8 times.

Report by report

Oct '26
Beat
▼ -1.4%
Jul '26
Beat
▼ -8.5%
Jan '26
Beat
▲ +5.9%
Oct '25
Beat
▼ -1.2%
Jul '25
Missed
▼ -12.2%
Apr '25
Beat
▲ +2.3%
Jan '25
Missed
▲ +2.7%
Oct '24
Missed
▼ -10.6%
Jul '24
Beat
▼ -5.8%
Apr '24
Beat
▲ +3.2%
Jan '24
Beat
▲ +0.3%

Clear beats and misses with a known reaction only. What counts as a beat

After an EPS beat

-0.7%

average next-day move · up 50% of 8 times

After an EPS miss

-6.7%

average next-day move · up 33% of 3 times

Why did ELV fall after beating earnings?

5 of ELV's last 11 reactions went against the EPS result. What stands out in each:

ELV beat EPS estimates in 8 quarters, and the stock still closed lower the next day 4 times. In 4 of the 4 where we have price data, the stock had already run up before the report.

Oct 21, 2026EPS beat +49.0%stock -1.4% next day
- It had risen 9.4% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 1.1% higher, but sellers took over and it closed -1.4%.
Jul 15, 2026EPS beat +20.0%stock -8.5% next day
- It had risen 5.6% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 8.0% lower as soon as trading resumed.
Oct 21, 2025EPS beat +22.1%stock -1.2% next day
- It had risen 11.4% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 2.6% lower as soon as trading resumed.
Jul 17, 2024EPS beat +1.1%stock -5.8% next day
- It had risen 4.5% in the final week before the report, so good news may already have been priced in.
- The EPS beat was small (+1.1%).
- It opened 4.9% lower as soon as trading resumed.

Rose despite an EPS miss (1 of 3)

Jan 23, 2025EPS missed -0.3%stock +2.7% next day
- The EPS miss was small (-0.3%).
- It opened 3.6% higher as soon as trading resumed.

Patterns in estimates and prices, not confirmed causes: how we read them.

Was ELV's earnings move already priced in?

ELV's move in the month before each of its last 11 reports, against what it did after.

Avg move in the month before

+0.7%

last 11 reports

Higher before the report

55%

of the time

After a run-up of 3%+

Fell 80%

5 reports, avg -2.8%

After a drop of 3%+

Rose 50%

4 reports, avg -3.7%

How the run-up is measured (a move of 5% or more counts as large).

Before vs after each report

Grey: the month before each of the last 11 reports. Green or red: the day after.

Past reports only. How the run-up is measured

Does ELV hold its opening gap after earnings?

ELV's opening move after each report and where it closed that day.

In 10 reports ELV opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 10 times (40%), and fully reversed 2 times. Gaps up faded 2 of 4; gaps down recovered 2 of 6.

Oct 21, 2026Reversed
Opened +1.1%, closed -1.4%
Jul 15, 2026Held
Opened -8.0%, closed -8.5%
Jan 28, 2026Reversed
Opened -2.3%, closed +5.9%
Oct 21, 2025Faded
Opened -2.6%, closed -1.2%
Jul 17, 2025Held
Opened -3.1%, closed -12.2%
Jan 23, 2025Held
Opened +3.6%, closed +2.7%
Oct 17, 2024Held
Opened -18.5%, closed -10.6%
Jul 17, 2024Held
Opened -4.9%, closed -5.8%

How gaps, fades and reversals are defined

What the history says

ELV has beaten EPS estimates in 5 straight quarters.
It fell after 4 of its 8 EPS beats (50%): beating estimates has not been enough on its own.

ELV earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report date	Time	EPS est.	EPS actual	Surprise	Revenue surprise	1-day move	3-day move
Oct 21, 2026	Before open	$4.69	$6.99	+49.0%	+1.6%	-1.37%	—
Jul 15, 2026	Before open	$6.21	$7.45	+20.0%	—	-8.54%	-12.58%
Apr 22, 2026	Before open	$10.81	$12.58	+16.4%	—	—	—
Jan 28, 2026	Before open	$3.09	$3.33	+7.8%	—	+5.86%	+7.07%
Oct 21, 2025	Before open	$4.94	$6.03	+22.1%	—	-1.22%	-2.20%
Jul 17, 2025	Before open	$8.92	$8.84	-0.9%	—	-12.22%	-19.76%
Apr 22, 2025	Before open	$11.48	$11.97	+4.3%	—	+2.26%	+5.43%
Jan 23, 2025	Before open	$3.85	$3.84	-0.3%	—	+2.72%	+5.25%
Oct 17, 2024	Before open	$9.65	$8.37	-13.3%	—	-10.59%	-15.03%
Jul 17, 2024	Before open	$10.01	$10.12	+1.1%	—	-5.82%	-9.59%
Apr 18, 2024	Before open	$10.53	$10.64	+1.0%	—	+3.19%	+4.57%
Jan 24, 2024	Before open	$5.59	$5.62	+0.5%	—	+0.32%	+2.47%

ELV Earnings FAQ

Answers computed from Elevance Health, Inc.'s reported history

ELV has no upcoming report date in the calendar yet. It last reported on Oct 21, 2026; companies usually report every three months.

Over the last 12 quarters with a usable EPS surprise, ELV beat the consensus estimate 9 times (75%), missed 3 and landed in line 0. It has beaten estimates in each of the last 5 counted quarters.

Across its last 11 quarters with a measured reaction, ELV moved an average of ±4.9% in the first session after reporting. It closed higher 46% of the time; the largest gain was 5.9% and the largest drop -12.2%.

ELV fell in the first session after 4 of its last 8 EPS beats (50%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 4 of the 4 of those falls where price data is available, the stock had already risen before the report.

Across its last 11 quarters with price data, ELV moved an average of +0.7% in the 20 trading sessions before reporting and was higher in 55% of them. After a run-up of 3% or more (5 quarters), it fell the next day 80% of the time, averaging -2.8%. After a drop of 3% or more (4 quarters), it rose the next day 50% of the time, averaging -3.7%. This describes past reports; it is not a forecast.

In 10 reports ELV opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 10 times (40%), and fully reversed 2 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers · ELV: 12 reported quarters, latest Oct 21, 2026. Information only, not investment advice.

Earnings this week

Every report this week with expected moves.

Biggest expected earnings moves

Options-implied vs historical move, ranked.