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UnitedHealth Raises Full-Year Forecast as Profit Beats Estimates
San Francisco Chronicle

UnitedHealth Group Inc., the largest U.S. insurer by sales, raised its full-year forecast after reporting quarterly profit that beat analyst estimates as enrollment increased and medical-spending fell.

Profit this year is expected to be $3.95 to $4.05 a share, the Minnetonka, Minnesota-based insurer said in a statement today. The company had forecast earnings of as much as $3.70 on Jan. 20. First-quarter earnings of $1.22 a share topped the average estimate of 86 cents by seven analysts surveyed by Bloomberg.