UnitedHealth says fourth quarter earnings rose
Home page > News

UnitedHealth says fourth quarter earnings rose

www.reuters.com   | 17.01.2013.

(Reuters) - UnitedHealth Group Inc , the largest U.S. health insurer, said on Thursday that fourth-quarter profit rose from a year earlier, exceeding the outlook it gave in November, and also backed its previous forecast for earnings and revenue in 2013.
br />

The company said fourth quarter profit rose to $1.20 per share from $1.17 per share a year earlier. Revenue rose to $28.8 billion from $25.9 billion a year earlier.

Analysts had been expecting fourth quarter 2012 earnings of $1.19 per share and sales of $28.2 billion.

UnitedHealth said that in 2013 it expects revenues of $123 to $124 billion, up from $110.6 billion in 2012. It saw earnings rising to a range of $5.25 to $5.50 per share from $5.28 per share in 2012.

The company finished 2012 with 6 percent growth in membership to 83.7 million customers, it said.

(Reporting By Caroline Humer; Editing by Alden Bentley)



Comments (0) Add Your comment Add news < Previous news Next news >








  Add your news >>>