UnitedHealth stock bounces off 19-month low after earnings beat amid Optum strength, raised full-year outlook

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

UnitedHealth stock jumps after earnings beat, lifts full-year outlook

Shares of UnitedHealth Group Inc. UNH, -0.87% jumped 2.7% in premarket trading Friday, to bounce off a 19-month low, after the health care services and insurance company beat second-quarter earnings expectations and lifted its full-year outlook, citing “strong and well-balanced” growth. Net income rose to $5.47 billion, or $5.82 a share, from $5.07 billion, or $5.34 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $6.

90 billion, above the FactSet consensus of $90.75 billion, as UnitedHealthcare revenue rose 13.0% to $70.2 billion and Optum revenue increased 24.8% to $56.3 billion. Medical care ratio of 83.2% compared with 81.5% a year ago, and was just above the FactSet consensus of 83.1%. For 2023, the company lifted its adjusted EPS guidance range to $24.70 to $25.00 from $24.50 to $25.00. The stock, which closed Thursday at the lowest price since December 2021, has dropped 12.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости