UnitedHealth revenue up 7 percent, raises annual outlook
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
UnitedHealth is reporting a 7 percent increase in revenue for the third quarter and it's raising its outlook for the year.
The largest U.S. health insurer posted earnings of $3.54 billion, or $3.67 per share. Earnings, adjusted for one-time gains and costs, were $3.88 per share, which is 8 cents better than Wall Street was expecting, according to a survey of analysts by Zacks Investment Research.
The Minneapolis company on Tuesday said revenue was $60.35 billion, also topping projections.
UnitedHealth expects full-year earnings between $14.90 and $15 per share, which is 15 cents better than previous forecasts.
Shares of UnitedHealth Group Inc. closed down slightly on Monday.
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.