Company News: UnitedHealth (UNH) reported better than expected earnings and raised guidence

Market news

16 July 2015

Company News: UnitedHealth (UNH) reported better than expected earnings and raised guidence

Company reported Q2 profit of $1.64 per share versus $1.58 consensus. Revenues rose 11.3% year/year to $36.26 bln versus $35.69 bln consensus.

Company raised guidance for FY15: EPS to $6.25-6.35 from $6.15-6.30 versus $6.26 consensus and revenue to $154 bln from $143 bln versus $144.2 bln consensus.

UNH rose to $126.60 (+0.59%) on the premarket, reached new historical high.

Foreign exchange market. European session: the euro traded lower against the U.S. dollar after the European Central Bank’s decision

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