UnitedHealth Group Stock Rises on Earnings. Here’s Why.

Published 2 weeks ago Positive
UnitedHealth Group Stock Rises on Earnings. Here’s Why.
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Shares of UnitedHealth Group gained in premarket trading Tuesday after the healthcare giant posted better-than-expected third-quarter earnings and hiked its full-year guidance. Adjusted earnings of $2.92 a share surpassed the $2.80 analysts had forecast, according to FactSet. Notably, UnitedHealth’s medical-loss ratio, or the share of premium revenue spent on medical claims and quality improvement, came in at 89.9%, below analysts’ calls for 90.7%.

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