UnitedHealth’s earnings exceed Reuters’ estimates of growth in the health insurance unit
[ad_1]
(Reuters) – UnitedHealth Group Inc. exceeded its quarterly earnings market estimates on Thursday due to high demand from the health insurance business and the growth of the Optum health services unit.
The insurance industry said the number of members of the Medicare Advantage (MA) health plan for people over the age of 65 or with a disability has increased by 20,000 in 2021.
The comments may allay investor concerns about MA insurance plans, which are funded by the U.S. government but are managed by private insurance companies like UnitedHealth (NYSE :), after the enemy. Humana Inc. (NYSE 🙂 It narrowed the outlook for 2022 member growth.
UnitedHealth reported adjusted earnings of $ 4.48 per share, with analysts exceeding estimates of $ 4.31 per share, according to Refinitiv’s IBES data.
In 2022 he repeated the forecast of an adjusted earnings of between $ 21.10 and $ 21.60 per share.
Fusion Media or anyone involved with Fusion Media will not be held liable for any loss or damage as a result of relying on the information contained in the data, estimates, charts and buy / sell signals contained on this website. Please be informed that one of the most risky forms of investment possible is the full information on the risks and costs associated with trading in the financial markets.
[ad_2]
Source link
