UnitedHealth shares up premarket after earnings beat estimates, raises guidance

UnitedHealth Group Inc. shares UNH, +0.08% jumped 1.7% successful premarket commercialized Thursday, aft the wellness benefits institution bushed net estimates for the 3rd 4th and raised its guidance. The institution posted nett income of $4.086 billion, oregon $4.28 a share, up from $3.172 billion, oregon $3.30 a share, successful the year-earlier period. Adjusted per-share net came to $4.52, up of the $4.41 FactSet consensus. Revenue roseate to $72.337 cardinal from $65.115 billion, besides up of the $71.347 cardinal FactSet consensus. The institution raised its full-year guidance and present expects EPS to scope from $17.70 to $17.95, and for adjusted EPS to scope from $18.65 to $18.90. The FactSet statement is for full-year EPS of $18.75. Shares person gained 15% successful the twelvemonth to date, portion the Dow Jones Industrial Average [s :djia] has gained 12%.