UnitedHealth matches earnings target, raises outlook

UnitedHealth Group Inc. lifted its earnings outlook for the year after beating Wall Street expectations for the second quarter.   Reuters has an early report on the Minnetonka-based insurer's numbers: The company earned $2.92 billion, or $2.98 a share, in the second quarter, up from $2.28 billion, or $2.32 a share, in the same period a year ago. Adjusted earnings were $3.14 per share, above the $3.04 estimate from analysts . Revenue rose 12 percent to $56.1 billion, roughly in line with estimates. The…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news