2020 pandemic

UnitedHealth ups forecast after strong start to year

Reading now: 126
www.clickorlando.com

MINNETONKA, Minn. – UnitedHealth profits jumped about 44% in the first quarter and the nation's largest health insurer boosted its outlook for the year.

The company said Thursday that the performance of its Optum division was particularly strong. UnitedHealth raised its full year profit forecast to adjusted earnings of $18.10 to $18.60 per share, up from an outlook of $17.75 to $18.25 per share that it debuted in December.

The new range mostly tops the average analyst forecast of $18.19 per share, according to FactSet. That projection includes a potential downside per-share of $1.80 due to the continuing influence of the pandemic.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA