REFILE-UnitedHealth forecasts 2020 earnings, midpoint below estimates
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(Corrects headline to clarify that midpoint is below estimates)
Dec 2 (Reuters) - Health insurer UnitedHealth Group on Monday issued its adjusted earnings forecast for 2020, the midpoint of which was below analysts' estimates.
The company said it expects 2020 earnings between $16.25 and $16.55 per share, compared with analysts' estimates of $16.46 per share, according to Refinitiv data.
UnitedHealth, however, said it expected revenue of $260 billion to $262 billion for 2020, largely above Wall Street expectations of $260.81 billion.
The insurer said in October that it was targeting earnings growth of between 13% and 16% in the long term. (Reporting by Dania Nadeem in Bengaluru; Editing by Anil D'Silva)
