UNH - UnitedHealth's Q1 Medical Cost Update Prudent Outlook Eases Investor Concerns: Goldman Sachs | Benzinga
Tuesday, UnitedHealth Group (NYSE:UNH) reported better-than-expected revenue and earnings in the first quarter as it still deals with the cyberattack on its subsidiary Change Healthcare in February this year.
The company reported adjusted EPS of $6.91, up from $6.26 a year ago, beating the consensus of $6.62. UnitedHealth’s revenues increased nearly $8 billion to $99.8 billion, beating the consensus of $99.3 billion.
UnitedHealth maintained its adjusted EPS guidance of $27.50-$28.00 vs. Goldman Sachs consensus of $27.58, with the reaffirmed range absorbing $0.30-$0.40 of business disruption costs.
Related: UnitedHealth’s Change Healthcare ...