UnitedHealth Beats Q3 Earnings Expectations As Medical Costs Stay Low
- UnitedHealth reported Q3 earnings per share of $6.56, exceeding analyst forecasts.
- Revenue was $92.4 billion, up 14% and surpassing estimates.
- Medical costs at UnitedHealthcare were lower than anticipated.
- Optum revenues grew 22% on growth in Optum Health.
- UnitedHealth raised full year earnings guidance to $24.85-$25 per share.