UnitedHealth Earnings Top Estimates
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Estimates: Analysts expected UnitedHealth earnings per share to climb 24% to $3.22 while revenue grew 11% to $57.9 billion, according to Zacks Investment Research.
Results: UnitedHealth earnings rose to $3.28 a share, growing 27% from a year ago. Revenue climbed 12% to $58.4 billion. Medical costs were higher than expected in some state Medicaid programs, but UnitedHealth said that should be a "short-term issue."
Outlook: UnitedHealth affirmed 2019 guidance for adjusted EPS of $14.40 to $14.70. Prior to UnitedHealth's fourth-quarter results, analysts expected EPS of $14.62 for the coming year.
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https://www.investors.com/news/unitedhea...yptr=yahoo
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Estimates: Analysts expected UnitedHealth earnings per share to climb 24% to $3.22 while revenue grew 11% to $57.9 billion, according to Zacks Investment Research.
Results: UnitedHealth earnings rose to $3.28 a share, growing 27% from a year ago. Revenue climbed 12% to $58.4 billion. Medical costs were higher than expected in some state Medicaid programs, but UnitedHealth said that should be a "short-term issue."
Outlook: UnitedHealth affirmed 2019 guidance for adjusted EPS of $14.40 to $14.70. Prior to UnitedHealth's fourth-quarter results, analysts expected EPS of $14.62 for the coming year.
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https://www.investors.com/news/unitedhea...yptr=yahoo
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