Skip to Content
Global News Select

UnitedHealth Boosts Full-Year Outlook

By Matt Grossman

 

UnitedHealth Group Inc. Thursday raised its full-year adjusted-earnings outlook, but said it still expects impacts from the Covid-19 pandemic to weigh on its overall results.

The Minnetonka, Minn.-based health insurer said it now expects adjusted earnings of $18.30 to $18.80 a share this year. Three months ago, it had forecast adjusted earnings of $18.10 to $18.60 a share.

UnitedHealth said it expects Covid-19 effects to weigh its earnings by about $1.80 a share this year. Those effects include testing and treatment costs, deferred care from last year, unemployment and other economic effects.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

July 15, 2021 06:28 ET (10:28 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.