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Stock impact report

UnitedHealth tops earnings estimates, raises 2018 forecast [Reuters]

UnitedHealth Group Incorporated (DE) (UNH) 
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
Company Research Source: Reuters
UnitedHealth tops earnings estimates, raises 2018 forecast | Reuters 2 Min Read (Reuters) - UnitedHealth Group Inc added more members to its health plans in the third quarter, helping it to post a profit well above Wall Street estimates and boost its earnings forecast for the year. The largest U.S. health insurer said it now expects full-year adjusted earnings per share to approach $12.80, compared with its prior forecast of between $12.50 and $12.75. While other health players including CVS Health, Aetna Inc and Cigna Corp are embarking on major merger deals, UnitedHealth has doubled down on a strategy of reining in costs and expanding its medical services group. UnitedHealth’s insurance business added 2.8 million more members year-over-year in the third quarter and raked in revenue of $45.94 billion, 12.8 percent higher than last year. Net earnings attributable to shareholders rose 28 percent to $3.19 billion, or $3.24 per share, in the quarter ended Sept. 30. Excluding items, the c Show less Read more
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