KBHB BIG 81
LISTEN LIVE
-
KBHB ON DEMAND
facebook

United Health-Earnings

United Health-Earnings

UnitedHealth revenue up 7%, raises annual outook


The Associated Press - October 15, 2019

MINNEAPOLIS (AP) - UnitedHealth is reporting a 7% increase in revenue for the third quarter and it's raising its outlook for the year.

The largest U.S. health insurer posted earnings of $3.54 billion, or $3.67 per share. Earnings, adjusted for one-time gains and costs, were $3.88 per share, which is 8 cents better than Wall Street was expecting, according to a survey of analysts by Zacks Investment Research.

The Minneapolis company on Tuesday said revenue was $60.35 billion, also topping projections.

UnitedHealth expects full-year earnings between 14.90 and $15 per share, which is 15 cents better than previous forecasts.

Shares of UnitedHealth Group Inc. closed down slightly on Monday.



kbhbradio.com
Phone number: 605-347-4455
E-mail: [email protected]
Address: 1612 Junction Avenue, Suite #1
Sturgis, SD 57785
  BIG 81 ON FACEBOOK
  WEATHER
  MARKET NEWS
.