16.04.2024 12:49:50 - dpa-AFX: ROUNDUP: Unitedhealth Group s Full-year Outlook
MINNETONKA (dpa-AFX) - (Adds Outlook, share movement)
For the full year, UnitedHealth Group Inc. (UNH) has updated its net earnings
outlook to $17.60 to $18.20 per share to reflect the Brazil sale and the
estimated direct response costs of the cyberattack. In the quarter, the company
had recorded about $7 billion charge related to this.
The company has maintained its adjusted net income per share outlook of $27.50
to $28. This excludes the impacts of the direct response costs and Brazil sale,
while including the estimated $0.30 to $0.40 per share of business disruption
impacts for the affected Change Healthcare services.
Analysts, on average, expect the Group to post income per share of $27.52, for
the year.
UNH was trading up by 6.38 percent at $472.24 in the pre-market trade on the
Nasdaq.
Below are the Q1 earnings highlights for Unitedhealth Group, Inc. (UNH):
Earnings: -$1.409 billion in Q1 vs. $5.611 billion in the same period last year.
EPS: -$1.53 in Q1 vs. $5.95 in the same period last year.
Excluding items, Unitedhealth Group, Inc. reported adjusted earnings of $6.430
billion or $6.91 per share for the period.
Analysts projected $6.62 per share
Revenue: $99.796 billion in Q1 vs. $91.931 billion in the same period last year.
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