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More on UnitedHealth (UNH -3.3%) Q1: net profit -14% to $1.19B, partly because of lower...

More on UnitedHealth (UNH -3.3%) Q1: net profit -14% to $1.19B, partly because of lower government payments. Medical costs +13% to $22.57B. Reiterates 2013 EPS forecast of $5.25-5.50 vs consensus of $5.51, but says that the impact of sequestration will affect the upper end. Cuts revenue outlook to $122B from a prior forecast of $123-124B and vs consensus of $123.76B, due to a major client switching its insurance to a self-funded approach. (PR)
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Comments (4)
  • bbro
    , contributor
    Comments (9915) | Send Message
     
    http://bit.ly/17IEdAH
    18 Apr 2013, 08:59 AM Reply Like
  • SoCalNative
    , contributor
    Comments (519) | Send Message
     
    I think these Americans who obsess over others' money need to look inward and focus on their own wealth creation.
    18 Apr 2013, 09:15 AM Reply Like
  • blueice
    , contributor
    Comments (3602) | Send Message
     
    SoCal, it is easier to grab than to produce; based on caloric studies...
    18 Apr 2013, 09:28 AM Reply Like
  • Topcat
    , contributor
    Comments (441) | Send Message
     
    Oh no! ONLY $1.2 BILLION in net profit for the quarter! Poor babies...screwing us royally by taking Medicare Advantage subsidies from the taxpayer!
    18 Apr 2013, 01:20 PM Reply Like
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