Unitedhealth Group, Inc. Q1 Income Advances 17%

(RTTNews) - Unitedhealth Group, Inc. (UNH) released a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line totaled $1.75 billion, or $1.81 per share. This was up from $1.50 billion, or $1.55 per share, in last year's first quarter.

Analysts had expected the company to earn $1.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.5% to $44.53 billion. This was up from $35.76 billion last year.

Unitedhealth Group, Inc. earnings at a glance:

-Earnings (Q1): $1.75 Bln. vs. $1.50 Bln. last year. -Earnings Growth (Y-o-Y): 16.7% -EPS (Q1): $1.81 vs. $1.55 last year. -EPS Growth (Y-o-Y): 16.8% -Analysts Estimate: $1.72 -Revenue (Q1): $44.53 Bln vs. $35.76 Bln last year. -Revenue Change (Y-o-Y): 24.5%

-Guidance: Full year EPS guidance: $7.75 to $7.95 Full year revenue guidance: Approx. $182 Bln