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Unitedhealth Group, Inc. Q2 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Unitedhealth Group, Inc. (UNH) announced a profit for second quarter that dropped from the same period last year.

The company's bottom line totaled $4.27 billion, or $4.46 per share. This compares with $6.64 billion, or $6.91 per share, in last year's second quarter.

Excluding items, Unitedhealth Group, Inc. reported adjusted earnings of $4.50 billion or $4.70 per share for the period.

Analysts had expected the company to earn $4.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.8% to $71.32 billion from $62.14 billion last year.

Unitedhealth Group, Inc. earnings at a glance:

-Earnings (Q2): $4.50 Bln. vs. $6.84 Bln. last year.
-EPS (Q2): $4.70 vs. $7.12 last year.
-Analysts Estimate: $4.43
-Revenue (Q2): $71.32 Bln vs. $62.14 Bln last year.

-Guidance:
Full year EPS guidance: $18.30 to $18.80

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