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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| UnitedHealth Group Inc | NYSE:UNH | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 3.67 | 0.71% | 517.55 | 522.59 | 514.83 | 515.64 | 2,981,343 | 00:41:06 |
From May 2019 to May 2024
By Kimberly Chin
UnitedHealth Group Inc. has raised its full-year earnings outlook as the company continued to see growth in health-care plan membership and premiums.
UnitedHealth expects to earn $12.80 a share on an adjusted basis this year, compared with the range of $12.50 to $12.75 a share it previously guided.
The parent of the nation's largest health insurer said net income in the third quarter rose 28% from a year earlier to $3.19 billion, or $3.24 a share. On an adjusted basis, UnitedHealth's profit rose to $3.41 a share. Analysts polled by Refinitiv expected the company to earn $3.29 a share.
Revenue rose 12% to $56.56 billion, as analysts had expected $56.34 billion. Revenue from its UnitedHealthcare segment grew 13% while sales from its Optum segment grew 11%.
Shares in UnitedHealth, which have gained 18% this year, rose 2.4% to $266.40 in premarket trading.
(END) Dow Jones Newswires
October 16, 2018 06:48 ET (10:48 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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