Overheard -- WSJ

Date : 04/17/2019 @ 8:02AM
Source : Dow Jones News
Stock : Unitedhealth Grp. Incorporated (DE) (UNH)
Quote : 245.7  0.0 (0.00%) @ 9:00AM

Overheard -- WSJ

Historical Stock Chart

3 Months : From Mar 2019 to Jun 2019

Click Here for more UHC Charts.
By Charley Grant 

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (April 17, 2019).

Talk about a tough crowd.

Health-insurance giant UnitedHealth Group, one of the star performers of the stock market until this year, had its usual round of good news for investors in its first-quarter earnings results. Adjusted net earnings of $3.73 a share grew by 23% from a year earlier and topped analyst estimates, and the company increased its full-year profit forecast.

Investors, however, reacted as though they got a surprise medical bill. Shares closed down 4% on Tuesday. That was the worst earnings-related reaction since a brief selloff in 2015, according to FactSet. But that selloff was in reaction to disappointing guidance, not to a clean report.

UnitedHealth shares are down nearly 10% so far in 2019, after a decade of nearly uninterrupted gains.

Investors can successfully predict future earnings and cash flows, but there is no predicting the mood of Mr. Market.

Write to Charley Grant at charles.grant@wsj.com


(END) Dow Jones Newswires

April 17, 2019 02:47 ET (06:47 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest UNH Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.