MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — UnitedHealth Group Inc. (UNH) on Friday reported fourth-quarter earnings of $5.46 billion.
The Minnetonka, Minnesota-based company said it had net income of $5.83 per share. Earnings, adjusted for amortization costs, were $6.16 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $5.98 per share.
The largest U.S. health insurer posted revenue of $94.43 billion in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $92.06 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNH at https://www.zacks.com/ap/UNH