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UnitedHealth Reports Q4 Adjusted EPS Of $2.59

Tuesday, 16 Jan 2018 05:55am EST

Jan 16 (Reuters) - UnitedHealth Group Inc ::UNITEDHEALTH GROUP REPORTS 2017 RESULTS HIGHLIGHTED BY CONTINUED STRONG AND DIVERSIFIED GROWTH.FY 2017 EARNINGS PER SHARE $10.72.FY 2017 ADJUSTED EARNINGS PER SHARE $10.07.Q4 EARNINGS PER SHARE $3.65; Q4 ADJUSTED EARNINGS PER SHARE $2.59.QTRLY REVENUE $52.1 BILLION VERSUS $47.5 BILLION LAST YEAR.Q4 EARNINGS PER SHARE VIEW $2.51, REVENUE VIEW $51.51 BILLION -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $12.30 TO $12.60.SEES FY 2018 EARNINGS PER SHARE $11.65 TO $11.95.FY2018 EARNINGS PER SHARE VIEW $11.47, REVENUE VIEW $223.76 BILLION -- THOMSON REUTERS I/B/E/S.Q4 2017 CONSOLIDATED MEDICAL CARE RATIO OF 82.2 PERCENT REFLECTED CONSISTENT MEDICAL COST TRENDS.CASH FLOWS FROM OPERATIONS FOR FY 2018 ARE EXPECTED TO RANGE FROM $15 BILLION TO $15.5 BILLION.DUE TO U.S. TAX REFORM, 2017 NET EARNINGS INCLUDED $1.22/SHARE NON-CASH BENEFIT FROM REVALUATION OF NET DEFERRED TAX LIABILITY.REVISED ITS 2018 FINANCIAL OUTLOOK TO REFLECT EFFECTS OF U.S. CORPORATE TAX LAW CHANGES.UNITEDHEALTH SEES 2018 UNITEDHEALTH GROUP MEDICAL CARE RATIO 81.5 PERCENT, +/- 50 BPS.Q4 NET EARNINGS OF $3.65 PER SHARE INCLUDED ONE-TIME, NON-CASH DEFERRED TAX BENEFIT OF $1.21 PER SHARE.UNITEDHEALTH SEES 2018 SHARE REPURCHASES OF $3,000 MILLION - $4,000 MILLION.TAX CUTS & JOBS ACT RESULTED IN $1.2 BILLION FAVORABLE NON-CASH REVALUATION OF CO'S U.S. NET DEFERRED TAX LIABILITY.SEES FY 2018 REVENUE $223 BILLION - $225 BILLION.

Aetna Says California Department Of Health Care Services Approves Aetna's Participation In Medi-Cal

Thursday, 11 Jan 2018 12:00pm EST

Jan 11 (Reuters) - Aetna Inc ::AETNA INC - CALIFORNIA DEPARTMENT OF HEALTH CARE SERVICES HAS APPROVED AETNA'S PARTICIPATION IN MEDI-CAL, STATE'S MEDICAID MANAGED CARE PROGRAM.

Molina Healthcare Says New Mexico Human Services Department Notified Co's New Mexico Health Plan That It Was Not Selected For Tentative Award Of Contract

Wednesday, 10 Jan 2018 09:28am EST

Jan 10 (Reuters) - Molina Healthcare Inc ::MOLINA HEALTHCARE - NEW MEXICO HUMAN SERVICES DEPARTMENT NOTIFIED CO'S NEW MEXICO HEALTH PLAN THAT IT WAS NOT SELECTED FOR TENTATIVE AWARD OF CONTRACT.MOLINA HEALTHCARE - TENTATIVE AWARD DOES NOT AFFECT NEW MEXICO PLAN'S CURRENT CONTRACT WITH NEW MEXICO HSD, WHICH RUNS TO DEC 31, 2018.MOLINA HEALTHCARE- MEDICAID PREMIUM REVENUE OF NEW MEXICO PLAN, UNDER CENTENNIAL CARE CONTRACT, AMOUNTED $893MLN FOR 9 MONTHS ENDED SEPT 30, 2017.MOLINA HEALTHCARE SAYS FOR FISCAL YEAR 2017, CO EXPECTS THAT NEW MEXICO HEALTH PLAN WILL NOT BE PROFITABLE.

Cigna Says Reaffirms Projected FY2017 Consolidated Adjusted Income From Operations, Which Remains In Range Of $2.60 Bln To $2.65 Bln

Tuesday, 9 Jan 2018 06:27am EST

Jan 9 (Reuters) - Cigna Corp ::CIGNA SAYS REAFFIRMS PROJECTED FY 2017 CONSOLIDATED ADJUSTED INCOME FROM OPERATIONS, WHICH REMAINS IN RANGE OF $2.60 BILLION TO $2.65 BILLION.- SHAREHOLDERS' NET INCOME FOR FULL YEAR 2017 IS PROJECTED TO BE IN RANGE OF $2.115 BILLION TO $2.165 BILLION.CIGNA SAYS ESTIMATED FY 2017 RESULTS INCLUDES ESTIMATED IMPACT FROM U.S. TAX REFORM LEGISLATION OF $260 MILLION - SEC FILING.FY2017 EARNINGS PER SHARE VIEW $10.36 -- THOMSON REUTERS I/B/E/S.

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