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UPDATE 1-Insurer UnitedHealth's profit more than doubles on tax benefit [Reuters]

UNITEDHEALTH GROUP (UNH)  More Company Research Source: Reuters
Last unitedhealth group earnings: 4/17 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
PDF Insurer UnitedHealth's profit more than doubles on tax benefit | Reuters Reuters Staff 2 Min Read (Reuters) - UnitedHealth Group Inc ( UNH.N ), the largest U.S. health insurer, more than doubled its net profit in the fourth quarter, driven by a one-time tax gain due to U.S. tax code overhaul. The tax benefit also helped the company raise its 2018 full-year adjusted earnings per share forecast range to between $12.30 and $12.60. UnitedHealth had in November forecast 2018 adjusted earnings per share to be in the range of $10.55 and $10.85 on a revenue of $223 billion to $225 billion. The company, which sells employer-based insurance as well as Medicare and Medicaid, said net earnings attributable to shareholders rose to $3.62 billion, or $3.65 per share, in the fourth quarter ended Dec. 31, from $1.68 billion, or $1.74 per share, a year earlier. The quarterly earnings included a one-time tax benefit of $1.21 per share, the company said. Excluding items, UnitedHealth earned $2.59 per s [Read more]

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