UnitedHealth raises full-year profit forecast after earnings beat in third quarter

What happened: UnitedHealth raised its full-year profit forecast after third quarter earnings beat estimates. The insurer also reported covering 1.8 million fewer people than a year ago. Key numbers: Adjusted earnings per share were $4.69. Membership fell by 1.8 million year over year. Why it matters: The raised forecast signals the company expects stronger results ahead despite a smaller membership base. Coverage: 3 outlets in 24h

UnitedHealth raised its full-year profit forecast after third quarter earnings beat estimates. The insurer also reported covering 1.8 million fewer people than a year ago.

The raised forecast signals the company expects stronger results ahead despite a smaller membership base.