UnitedHealth (UNH) Peers Dip on Lowered FY15 Guidance (AET) (HUM)
UnitedHealth Group (NYSE: UNH) peers are lower Thursday after the company cut its FY15 EPS outlook.
Ahead of the opening bell, UnitedHealth revised its 2015 net earnings outlook of approximately $6.00 per share reflects expected pre-tax earnings pressure of $425 million or $0.26 per share, including $275 million related to the advance recognition of 2016 losses. The earnings pressure is driven by projected losses on individual exchange-compliant products related to the 2015 and 2016 policy years. (The Street was modeling FY15 EPS of $6.31.)
Lower in early trading include: Aetna (NYSE: AET), Anthem (NYSE: ANTM), Cigna Corp. (NYSE: CI), Centene (NYSE: CNC), Humana (NYSE: HUM), and Molina Healthcare (NYSE: MOH).
