UnitedHealth raises 2016 forecast, again
The nation's largest health insurer also voiced optimism about next year, when
The company now expects adjusted earnings of about
And it easily beat industry analyst profit projections for the most recent quarter, too.
Operating earnings jumped more than 10 percent to
Health insurance is
Overall,
Analysts forecast earnings of
Analysts expect, on average, earnings of
The insurer has said it expects to lose around
Other insurers also have struggled to develop that business, and defections from the exchanges are expected to hurt customer choice in many markets later this fall, when the enrollment period begins for 2017 plans.
Shares of
The insurer's shares had climbed 14 percent since the beginning of the year, as of Monday. That topped the Dow Jones Industrial Average, of which
It also has outpaced the performance of other major insurers like
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a
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