in

UnitedHealth revenue beats estimates on progress in medical health insurance unit By Reuters


© Reuters. FILE PHOTO: The company brand of the UnitedHealth Group seems on the facet of certainly one of their workplace buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake

(Reuters) -UnitedHealth Group Inc beat market estimates for quarterly revenue on Thursday on robust demand for its medical health insurance enterprise and progress in its health-services unit Optum.

The insurance coverage business bellwether stated members in its Medicare Benefit (MA) well being plans for folks older than 65 or with disabilities elevated by 900,000 in 2021.

The feedback might allay investor issues over the MA insurance policy, that are funded by the U.S. authorities however administered by personal insurers like UnitedHealth (NYSE:), after rival Humana Inc (NYSE:) slashed its 2022 membership progress view.

UnitedHealth reported adjusted earnings of $4.48 per share, beating analysts’ estimates of $4.31 per share, in line with IBES information from Refinitiv.

It reiterated its beforehand given forecast of adjusted revenue of $21.10 to $21.60 per share in 2022.

Disclaimer: Fusion Media want to remind you that the info contained on this web site shouldn’t be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs usually are not offered by exchanges however moderately by market makers, and so costs is probably not correct and will differ from the precise market worth, which means costs are indicative and never applicable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any duty for any buying and selling losses you would possibly incur because of utilizing this information.

Fusion Media or anybody concerned with Fusion Media is not going to settle for any legal responsibility for loss or injury because of reliance on the knowledge together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding varieties doable.

What do you think?

Written by colin

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

1 yr in: Biden prepared to speak by progress, setbacks