Trending: UnitedHealth 1Q Beats Expectations Despite Cyberattack
14:21 ET -- UnitedHealth Group is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. The health care and well-being company swung to a first-quarter loss of $1.41 billion, or a loss of $1.53 a share, from a profit of $5.61 billion, or $5.95 a share, in the year-earlier quarter. Adjusted earnings rose to $6.91 a share and revenue increased to $99.8 billion, both above the FactSet consensus. UnitedHealth updated its full-year 2024 earnings outlook to a range of $17.60 to $18.20 a share to reflect the sale of Brazil operations and the estimated costs from a cyberattack, but maintained its adjusted earnings outlook of $27.50 to $28 a share. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)
(END) Dow Jones Newswires
April 16, 2024 14:36 ET (18:36 GMT)
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