Company News: UnitedHealth (UNH) quarterly earnings miss analysts’ estimate

Market news

16 January 2018

Company News: UnitedHealth (UNH) quarterly earnings miss analysts’ estimate

UnitedHealth (UNH) reported Q4 FY 2017 earnings of $2.44 per share (versus $2.11 in Q4 FY 2016), missing analysts' consensus estimate of $2.52.

The company's quarterly revenues amounted to $52.061 bln (+9.5% y/y), generally in-line with analysts' consensus estimate of $51.570 bln.

The company also issued guidance for FY 2018, projecting EPS of $12.30-12.60, including tax benefits, compared to its previous EPS forecast of $10.55-10.85 and versus analysts' consensus estimate of $11.20.

UNH rose to $234.78 (+2.69%) in pre-market trading.

German 10-year govt bond yield fall to day's low of 0.49 pct on report ECB unlikely to ditch bond-buying pledge next week

Bitcoin extends slide to trade down 18 percent on day at $11,191.59 on Bitstamp exchange , on track for biggest one-day fall in three years

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