UnitedHealth Trades Lower Despite Earnings Beat and Raised Forecast
UnitedHealth reports fiscal first-quarter earnings that beat analysts forecasts, and raises its fiscal-year outlook.
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The New York-based company said it earned $35.6 billion, or $3.73 a share on an adjusted basis, vs. $29.2 billion, or $3.04 a share, in the comparable year-earlier period. Analysts surveyed by FactSet had been expecting per-share earnings of $3.60 a share.
Revenue rose to $60.3 billion from $55.2 billion a year ago. Revenue from the company's Optum segment rose 11.9% to $26.4 billion.
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https://www.thestreet.com/investing/earn...yptr=yahoo
UnitedHealth reports fiscal first-quarter earnings that beat analysts forecasts, and raises its fiscal-year outlook.
...
The New York-based company said it earned $35.6 billion, or $3.73 a share on an adjusted basis, vs. $29.2 billion, or $3.04 a share, in the comparable year-earlier period. Analysts surveyed by FactSet had been expecting per-share earnings of $3.60 a share.
Revenue rose to $60.3 billion from $55.2 billion a year ago. Revenue from the company's Optum segment rose 11.9% to $26.4 billion.
...
https://www.thestreet.com/investing/earn...yptr=yahoo
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