Earnings

UnitedHealth boosts 2019 profit outlook on strength in insurance, pharmacy benefits

UnitedHealthcare office

Michael Nagle | Bloomberg | Getty Images

UnitedHealth reported a 12.7% rise in second-quarter profit on Thursday, as the company added more members to its health plans and revenue climbed in its Optum unit, which includes its pharmacy benefit management business.

Net earnings attributable to shareholders rose to $3.29 billion, or $3.42 per share, in the quarter ended June 30, from $2.92 billion or $2.98 per share, a year earlier.

Total revenue rose to $60.60 billion from $56.09 billion.

Articles You May Like

Here’s why it could be better to buy Series I bonds before May, experts say
Many retirees don’t delay Social Security benefits, research finds. Here’s why experts say it pays to wait
Global police agencies take down massive scam website that defrauded thousands of victims
Most people on weight loss drugs are spending less on restaurants and takeout, survey says
IRS waives mandatory withdrawals from certain inherited individual retirement accounts — again

Leave a Reply

Your email address will not be published. Required fields are marked *