Shares of UnitedHealth Group were down more than 3 percent Thursday morning after the insurer revealed that the Affordable Care Act and sequester cuts to Medicare weighed on its first quarter ... more 
Shares of UnitedHealth Group were down more than 3 percent Thursday morning after the insurer revealed that the Affordable Care Act and sequester cuts to Medicare weighed on its first quarter earnings. UnitedHealth Group reported $31.7 billion in first quarter revenue, up 5 percent year-over-year but below Wall Street analysts’ nearly $32 billion consensus estimate. Net earnings came in at $1.1 billion or $1.10 per share. Earnings per share were a penny ahead of analyst expectations, but down 6 cents from the same period the year earlier. less 
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Wochit
Thu, Apr 17, 2014 11:51 AM EDT