UnitedHealth’s Q4 Profit Jumps 10%, Beating View (UNH)

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Health benefits provider UnitedHealth Group Inc. ( UNH ) said Thursday that its fiscal fourth quarter profit rose 10% from last year, beating analyst expectations.

The Minnetonka, MN-based company reported fourth quarter net income $1.04 billion, or 94 cents per share, compared with $944 million, or 81 cents per share, in the year-ago period.

Revenue also rose 10% from last year, to $24.03 billion.

On average, Wall Street analysts expected a smaller profit of 84 cents per share, on lower revenue of $23.7 billion.

UnitedHealth shares were mostly flat in premarket trading Thursday.

The Bottom Line
Shares of UnitedHealth ( UNH ) have a 1.22% dividend yield, based on last night's closing stock price of $40.88. The stock has technical support in the $36-$38 price area. If the shares can firm up, we see overhead resistance around the $43-$45 price levels.

UnitedHealth Group Inc. ( UNH ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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