UnitedHealth reported Q1 FY 2016 earnings of $1.81 per share (versus $1.46 in Q1 FY 2015), beating analysts’ consensus of $1.72.
The company’s quarterly revenues amounted to $44.527 bln (+24.5% y/y), slightly above consensus estimate of $44.279 bln.
UnitedHealth also issued guidance for FY16, raising EPS to $7.75-7.95 from previously projected $7.60-7.80 (versus analysts’ consensus estimate of $7.73) and revenues to approx. $182 bln from $180 bln (versus analysts’ consensus estimate of $181.59 bln).
UNH rose to $130.00 (+1.71%) in pre-market trading.
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