News Summary: UnitedHealth profit beats estimates

Published July 19, 2012 3:11pm ET



BOTTOM LINE: UnitedHealth Group’s second-quarter net income rose 5.5 percent as it enrolled more people under its health care plans and they continued to make modest use of coverage.

LINING UP: UnitedHealth’s enrollment grew about 4 percent to 35.9 million compared with last year’s second quarter, led by gains in Medicare plans.

OUTLOOK: The insurer raised its full-year earnings guidance to between $4.90 and $5.00 per share. That’s up from guidance of between $4.80 and $4.95.