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UnitedHealth profit beats on strong growth across businesses

Reuters 

(Reuters) - UnitedHealth Group Inc on Tuesday posted a quarterly profit that beat Wall Street estimates, fueled by growth in its core insurance and health-services businesses and raised its earnings forecast for the year.Shares of UnitedHealth rose 1.3 percent to $233.25 in premarket trading.The largest U.S. health insurer has been adding more physicians through a series of acquisitions, helping drive its customer base, which grew by 2.2 million in the first quarter. Revenue from the insurance business rose 13.3 percent to $45.46 billion, while revenue from the Optum unit, which houses its ...

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First Published: Tue, April 17 2018. 17:07 IST
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