UnitedHealth rides on Optum strength to beat profit estimates

Stock Markets5 minutes ago (Oct 14, 2021 06:05AM ET)

(C) Reuters. FILE PHOTO: The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, California, U.S., April 13, 2020. REUTERS/Mike Blake

(Reuters) – UnitedHealth Group Inc (NYSE:UNH) beat analysts’ estimates for third-quarter profit on Thursday, helped by a jump in revenue from its Optum unit that manages drug benefits.

The company is the largest U.S. health insurer and also offers healthcare data analytics services through its fast-growing Optum business.

UnitedHealth rides on Optum strength to beat profit estimates

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