UnitedHealth Group Reports 10% Rise In Q1 Revenue

UnitedHealth Group UNH reported its Q1 earnings from operations at $2.2 billion. The company's net earnings came in at $1.35 billion, or $1.22 per share. The company's consolidated Q1 revenue increased 10% year-over-year to $25.4 billion. However, analysts were expecting earnings of $0.89 per share on revenue of $24.93 billion. UNH projects 2011 net earnings in the range of $3.95 to $4.05 per share on revenue of $101 billion. UNH shares gained 0.64% to close at $44.24 yesterday. Read more from Benzinga's Company news.