Dow component UnitedHealth pops 1% on earnings beat
UnitedHealth UNH shares jumped 1 percent in premarket trading Tuesday after it reported fourth-quarter earnings that beat Wall Street's expectations, helped by growth in its services business. Revenue from Optum, which includes the company's pharmacy benefits management business, grew 13 percent to $27.56 billion in the fourth quarter, while revenue from its mainstay insurance business grew 11.1 percent to $46.23 billion. UnitedHealth reaffirmed its 2019 forecast for earnings between $14.40 and $14.70 per share.