Q1 revenues of $31.7B up 5% yoy. Operating earnings were flat at $2.1B. Operating margin fell to 3.5% from 4.1%.
Optum revenues of $11.2B up 29% yoy but operating margin decreased to 5.8% compared to the comparable quarter's 6.2%.
2.7M more people served yoy.
Consolidated medical care ratio decreased 20 basis points to 82.5%.
CF Ops was $1.4B.
EPS of $1.10 despite $0.35 negative impact from Affordable Care Act.
2014 revenue guidance range is $128B - $129B. Net EPS range is $5.40 - $5.60.