INDIANAPOLIS (AP) _ Anthem Inc. (ANTM) on Wednesday reported fourth-quarter net income of $551 million.

On a per-share basis, the Indianapolis-based company said it had net income of $2.19. Earnings, adjusted for one-time gains and costs, were $2.54 per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share.

The health insurer posted revenue of $31.82 billion in the period. Its adjusted revenue was $31.53 billion, which topped Street forecasts. Three analysts surveyed by Zacks expected $30.84 billion.

For the year, the company reported profit of $4.57 billion, or $17.98 per share. Revenue was reported as $120.81 billion.

Anthem expects full-year revenue of $135.1 billion.

Anthem shares have fallen almost 3% since the beginning of the year. The stock has increased 10% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANTM at https://www.zacks.com/ap/ANTM

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