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Michael Nagle | Bloomberg | Getty Images
Representatives speak to clients at a UnitedHealthcare facility in Queens, New York.
UnitedHealth, a US health insurer, on Tuesday released a quarterly profit higher than badysts' estimates and raised its target for adjusted earnings for the year, due to the strength of its Optum unit as well as the increase in the number of members for his health plans.
The largest US health insurer increased adjusted earnings for the full year from 14.50 to 14.75 dollars from $ 14.50 to $ 14.70 per share.
The company's Optum unit, which includes its pharmaceutical benefits management business, generated a turnover of $ 26.36 billion during the quarter, an increase of nearly 12% per year. compared to the previous year.
Net income attributable to shareholders increased 22.2% to $ 3.47 billion, or $ 3.56 per share, in the first quarter ended March 31.
UnitedHealth announced adjusted earnings of $ 3.73 per share, exceeding estimates of $ 3.60 per share, according to Refinitiv's IBES data.
Total revenue rose 9.3% to $ 60.31 billion from $ 59.7 billion.
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