$UNH Beats the Street and Guides Higher

“UnitedHealth Group Inc. (UNH), the biggest U.S. health insurer, boosted its profit outlook for this year on the strength of rising enrollment for government-backed Medicare and Medicaid policies.

UnitedHealth forecast profit of $4.90 to $5 a share for 2012 in a statement today, the second time this year the Minnetonka, Minnesota-based insurer raised the guidance. The company reported second-quarter net income rose 5.5 percent to $1.34 billion, or $1.27 a share, beating analyst estimates.”

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