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UnitedHealth: raises FY 2018 EPS target

(CercleFinance.com) - Announcing better-than-expected Q3 2018 results, UnitedHealth has raised its adjusted EPS target for the current year, now expecting close to 12.
80 dollars, against a previous range of between 12.50 dollars and 12.75 dollars.

The health insurance and services giant has posted adjusted EPS of 3.41 dollars over the last three months, up 28% y-o-y, exceeding the consensus by 12 cents.

UnitedHealth operating income increased 12.3% to 4.6 billion dollars, with revenue up 12.4% to 56.6 billion dollars, boosted by solid gains - both at UnitedHealthcare and Optum.


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