RTTNews | Oct 14, 2021 09:51AM EDT

09:51 Thursday, October 14, 2021 (RTTNews.com) - UnitedHealth Group Inc. (UNH) shares are rising on Thursday morning trade after the company reported an increase in third-quarter earnings on higher revenues.The quarterly earnings rose to $4.09 million or $4.52 per share from $3.17 million or $3.30 per share in the prior year. On an adjusted basis, earnings were $4.52 per share.

Wall Street analysts were looking for earnings of $4.41 per share on revenue of $71.19 billion.

Revenue for the quarter climbed to $72.34 million from $65.12 million in the prior year.

Currently, shares are at $427.15, up 5.85 percent from the previous close of $403.55 on a volume of 1,100,667. For the 52-week period, the shares have traded in a range of $299.60-$433.37 on average volume of 2,524,327.

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