Unitedhealth Group, Inc. Announces 32% Rise In Q1 Profit

(RTTNews) - Unitedhealth Group, Inc. (UNH) revealed a profit for its first quarter that rose from last year.

The company said its bottom line totaled $2.31 billion, or $2.37 per share. This was higher than $1.75 billion, or $1.81 per share, in last year's first quarter.

Analysts had expected the company to earn $2.17 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.4% to $48.7 billion. This was up from $44.5 billion last year.

Unitedhealth Group, Inc. earnings at a glance:

-Earnings (Q1): $2.31 Bln. vs. $1.75 Bln. last year. -Earnings Growth (Y-o-Y): 32.0% -EPS (Q1): $2.37 vs. $1.81 last year. -EPS Growth (Y-o-Y): 30.9% -Analysts Estimate: $2.17 -Revenue (Q1): $48.7 Bln vs. $44.5 Bln last year. -Revenue Change (Y-o-Y): 9.4%

-Guidance: Full year EPS guidance: $9.65 - $9.85 Full year revenue guidance: $200 Bln