UnitedHealth still on track for improved earnings, as coronavirus has only a 'minimal impact' on first quarterUnitedHealth Group Inc. headquarters is pictured in Minnetonka, Minnesota, in 2016. Mike Bradley/Bloomberg/Getty Images
UnitedHealth Group, the nation's largest health insurer, said its results aren't being hurt by the COVID-19 outbreak. The insurer said the pandemic had only"minimal impact" on its first quarter results, as it reported a 7% gain in revenue in the quarter to $64 billion. And while its profit and earnings per share declined slightly, it beat Wall Street estimates for a bigger decline.
At a time when many companies are dropping their guidance on earnings for the rest of year, UnitedHealth reiterated its guidance for between an 8% and 10% rise in adjusted earnings per share for the year. It said it will not request, nor does it expect to need any government assistance.gained 2.6% in premarket trading on the news. Shares are down 8% so far this year through Tuesday's close.
The stock market is not the economy
Ha ha ! President Trump told US TRUTH about your sucky so called “ News “ network by throwing your OWN words in your face ! Now you call this propaganda? That is what CNN has been doing since he ran ! Good job PRESIDENT TRUMP! CNNSUCKS TrumpLandslideVictory2020
OMG
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i hope it fucking crash who cares
If you live in NYC please take this opportunity to kill Wall Street brokers and bankers. The country will be better for it.
Nothing CNN says is credible
It Always opens lower when Trump starts talking foolish
Amazing US stock recovered up to more 50 % of it lost, in just 2 weeks. 💪💪💪🇺🇸
Sad thing is .... whether you live or die .... the Stockmarket has your Strawman by the balls !! (If you are unaware of what your Strawman is, Google who owns my Strawman)
Why do you keep reporting on this stupid, broken barometer? People are dying and starving.
i've been waiting for this since 19 days. Margin call missed on the edge.
It was around last week as well when the market increased? Stop fitting the daily market move story to the biggest theme of the time.
Yesterday’s headline was how it was up due to optimism that China is getting back on track....what side are you on?
CNN🤥✅
omg
And they werent worried about it yesterday when it rose 4%? Stop trying to pin a cause on every movement.
GREED!
The price of oil is incredibly low safe to say I stocked up on quite a few shares only a matter of time until they skyrocket
Taylor legend
Why do you only report when the market goes down and not up?
Public announcement: the only “people” buying stocks are fed govts
Well
CNN is a joke
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Source: CNBC - 🏆 12. / 72 Read more »