UnitedHealth Group's latest profit soars past $4 billion

UnitedHealth Group saw its third-quarter profit surge beyond the $4 billion mark as company executives provided a cautiously optimistic outlook that financial hits from COVID-19 should moderate next year.

Investors cheered the results Thursday by pushing up by 4% the stock price at the Minnetonka-based health care giant.

All the twists and turns with the pandemic over the past 20 months call for an outlook that's "respectful of the fact that the current situation is without precedent," John Rex, the company's chief financial officer, said during a call with investors.

https://www.startribune.com/unitedhealth-groups-latest-profit-soars-past-4-billion/600106478/