Send us Feedback

UnitedHealth Group (UNH)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

UNH » Topics » DRIVEN BY STRONG GROWTH IN EACH OF ITS BUSINESSES

This excerpt taken from the UNH 8-K filed Apr 18, 2006.

DRIVEN BY STRONG GROWTH IN EACH OF ITS BUSINESSES

 

  •   Net Earnings of $0.63 Per Share and Part D Normalized Net Earnings of $0.68 Per Share (1)

 

  •   First Quarter Operating Cash Flows of $1.55 Billion as Adjusted for CMS Payment Timing; Reported Operating Cash Flows of $2.89 Billion

 

  •   Outlook for 2006 Full Year Net Earnings Per Share Increased to a Range of $2.88 to $2.92, Representing Growth of 22% to 24% Over Comparable 2005 Results

MINNEAPOLIS (April 18, 2006) – UnitedHealth Group (NYSE: UNH) achieved record results in the first quarter of 2006, reported Chairman and CEO William W. McGuire, M.D. First quarter growth was led by notable performances in the areas of offerings for seniors; commercial services, including consumer-driven account-linked products; and specialty businesses. In aggregate, the Company provides services to approximately 70 million American health consumers, an increase of 15 million people or 27 percent over the prior year.

 

(1) Because Part D benefit costs for the new Medicare Part D program are disproportionately higher in the first half of the contract year due to the benefit design, “Part D Normalized” results assume that full year Medicare Part D benefit costs are recognized based on actuarially projected utilization over the contract year. These amounts represent non-GAAP measures and have been presented to enhance comparability with 2005 quarterly financial results. A further explanation of this basis of presentation and a reconciliation of such amounts to the comparable GAAP measures is included in the attached financial schedules.

LOGO

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki