UnitedHealth shares dip on disappointing 2018 earnings forecast


UnitedHealth Group shares dipped in after-hours trading Monday on news that the managed health-care giant issued a disappointing earnings forecast.

Shares dropped more than 2 percent in trading after the bell, before regaining ground. Shares were recently down about 1.5 percent.

UnitedHealth projected revenue for 2018 that would be only marginally higher than most earlier analyst estimates, which called for revenue of $218 billion next year.

The company estimates revenue will be between $223 billion and $225 billion for 2018.

UnitedHealth projected adjusted net earnings of $10.55 to $10.85 per share for next year. Analysts on average had estimated the company’s adjusted net earnings would be $10.81 per share in 2018.

Net earnings would be between $10 and $10.30 per share next fiscal year, the company said.

UnitedHealth also said it expects revenue for fiscal year 2017 will exceed $200 billion, with adjusted net earnings approaching $10 per share. According to Thomson Reuters, the company was expected to earn $9.99 a share, on an adjusted basis, on revenue of $200 billion.

UnitedHealth expects net earnings to approach $9.45 per share.

Cash flows from operations are projected to be in the range of $13.3 billion to $13.8 billion in 2018, the company said.

automatic stock trading software ,top stock trading software ,linux stock trading software ,earnings calendar nyse ,upcoming quarterly earnings ,buy one stock ,technical analysis signals ,the best stock trading software ,cheap stock trading sites ,best free stock trading software ,day trading charts ,penny stock trading software ,stocks quarterly reports dates ,stock trading training software ,stock trading software reviews ,uk companies reporting this week ,cheapest stock trading ,stock market etf ,automated stock trading systems ,stock buying ,stock conference calendar ,penny stock brokers ,stock trading forum ,software for stock trading ,stock trading system ,small cap stock investing ,report company ,best penny stock broker ,penny stock trading ,nasdaq earning ,asx company reporting dates ,fantasy stock exchange ,day trading analysis ,stock technical analysis software ,best stock trading strategy ,stock trading systems reviews ,buy penny stocks online ,wsj earnings calendar ,stock market investment strategies ,reporting calendar ,stocks with earnings this week ,quarterly earnings report calendar ,penny stocks top ,investing in penny stocks ,penny stocks buy ,index stocks ,reporting season calendar ,company reporting dates ,gold stock picks ,purchase penny stocks ,best stock trading system ,stock market programs ,stock market beginner ,earning reports tomorrow ,penny stock trading tips ,companies reporting today ,swing trade picks ,where to find earnings reports ,a1 stock picks ,stocks how to ,stock trade strategies ,how to invest penny stocks ,gold penny stocks ,earnings calendar stocks ,earnings season calendar ,penny stocks screener ,penny stocks free ,best investment newsletters ,stock research ,stock short ,penny stock earnings ,best penny stock newsletter ,quarterly earnings ,stock option picks ,investing ,corporate calendar ,investing technical analysis ,free penny stock tips ,penny gold stocks ,stock market seminar ,swing trading tips ,earning release dates ,small cap trading ,penny stock software ,companies reporting earnings ,swing trading ,penny stocks finder ,stock education ,us stock earnings ,stock penny ,earning this week ,earnings calendar this week ,earned schedule ,stock market earnings season ,strategies for stock trading ,earnings to watch this week ,auto stock trading software ,penny stocks ,stock picks newsletter ,penny stock charts 

Source link