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.
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(END) Dow Jones Newswires
July 15, 2021 06:28 ET (10:28 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.