UnitedHealth shares decline following 2018 outlook

UnitedHealth Group Inc. slipped in the extended session Monday after most of the health insurer’s forecast earnings range for next year fell below the Wall Street consensus. UnitedHealth shares declined 1.1% to $210 after hours. The health insurer forecast adjusted earnings of $10.55 to $10.85 a share for the year on revenue of $223 billion to $225 billion. Analysts surveyed by FactSet estimate earnings of $10.82 a share on revenue of $219.06 billion. The company also affirmed its 2017 outlook of adjusted earnings “approaching” $10 a share on revenue that’s “expected to exceed $200 billion.” Analysts estimate $9.99 a share on revenue of $200.36 billion.

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