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UNH UnitedHealth Group Inc

517.55
0.00 (0.00%)
16 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UnitedHealth Group Inc NYSE:UNH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 517.55 0 01:00:00

UnitedHealth Reaffirms 2014 Earnings View, Issues 2015 Guidance

02/12/2014 12:14am

Dow Jones News


UnitedHealth (NYSE:UNH)
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   By Josh Beckerman 
 

UnitedHealth Group Inc. (UNH), whose UnitedHealthcare is the largest U.S. health insurer, said it expects 2015 earnings of $6 to $6.25 a share.

Analysts polled by Thomson Reuters expected earnings of $6.13.

The company said it expects revenue of $140.5 billion to $141.5 billion for the year, compared with the $140.47 billion that analysts project.

UnitedHealth also reaffirmed its 2014 earnings guidance of $5.60 to $5.65 a share.

In October, UnitedHealth reported better-than-expected third-quarter earnings and raised its profit forecast for the year, driven by lower medical costs.

In November, the company announced an executive shuffle that elevates two key leaders, positioning them for a race to succeed current Chief Executive Stephen J. Hemsley. It formed a new Office of the Chief Executive, which, in addition to Mr. Hemsley, includes David S. Wichmann as president and Larry C. Renfro as vice chairman, as well as executives focusing on legal matters and human resources.

Write to Josh Beckerman at josh.beckerman@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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