earnings
confidence high
sentiment positive
materiality 0.85
UnitedHealth Q1 revenues $91.9B (+15% YoY), adj EPS $6.26; raises FY2023 guidance
UNITEDHEALTH GROUP INC
2023-Q1 EPS reported
$5.95
revenue$91,931,000,000
- Revenues grew 15% to $91.9B; earnings from operations up 16% to $8.1B.
- GAAP EPS $5.95, adjusted EPS $6.26; raised FY2023 adj EPS outlook to $24.50-$25.00.
- UnitedHealthcare revenues $70.5B (+13%) serving nearly 2M more people YoY.
- Optum revenues $54.1B (+25%); revenue backlog at Optum Insight up 35% to $30.7B.
- Cash from operations $16.3B; returned $3.5B to shareholders via dividends and buybacks.