UnitedHealth expects 2006 revenue of $72 billion

From Reuters:

UnitedHealth Group Inc. on Thursday reiterated its expected 2006 per share earnings of $2.88 to $2.92 a share with total revenue near $72 billion and operating earnings between $6.8 billion and $6.9 billion, according to a regulatory filing.
The company also said that it expects its UnitedHealthcare unit to produce 2006 revenue of about $35 billion and its Ovations unit to produce about $25 billion in 2006 revenue, according to the filing with the U.S. Securities and Exchange Commission.
UnitedHealth forecast providing 5.7 million to 6 million seniors with prescription drug benefit plans under Medicare Part D by year end, generating full-year revenue of $5.7 billion to $6 billion.
UnitedHealth shares rose $1.20, or 2.7 percent, to $45.16 in afternoon trade on the New York Stock Exchange, where health-insurer stocks broadly were trading higher.

Posted by on June 1st, 2006 at 3:22 pm


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