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Universal American releases earnings guidance

December
14

Universal American Corp., a health insurer and managed care company based in Rye Brook, estimated that it expected to earn $1.83 and $1.95 a share in 2008. The company’s guidance for revenues next year was $4.88 billion to $5.4 billion. More than 2 million seniors rely on the company for their health or prescription drug coverage after Universal American’s acquisition of MemberHealth LLC in September.

This entry was posted on Friday, December 14th, 2007 at 12:44 pm by Jay Loomis.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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