UnitedHealth First-Quarter Earnings, Revenue Up as Company Added Members
UnitedHealth Group Inc. posted higher revenue and profit for the first quarter and raised its full-year earnings outlook, as Covid-related healthcare disruptions continued to fade.
The healthcare and insurance company, the first industry heavyweight to report first-quarter results, said Friday that revenue rose 15% to $91.93 billion. That topped analysts’ expectations of $89.70 billion, according to FactSet. Growth was boosted by member growth at its UnitedHealthcare insurance business and its Optum health-services arm.
UnitedHealth Group Inc. posted higher revenue and profit for the first quarter and raised its full-year earnings outlook, as Covid-related healthcare disruptions continued to fade.
The healthcare and insurance company, the first industry heavyweight to report first-quarter results, said Friday that revenue rose 15% to $91.93 billion. That topped analysts’ expectations of $89.70 billion, according to FactSet. Growth was boosted by member growth at its UnitedHealthcare insurance business and its Optum health-services arm.
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