earnings
confidence high
sentiment positive
materiality 0.75
UnitedHealth Q2 revenue $92.9B (+16% YoY); EPS $5.82, adjusted $6.14
UNITEDHEALTH GROUP INC
2023-Q2 EPS reported
$11.77
revenue$184,834,000,000
- UnitedHealthcare revenue $70.2B (+13%); people served up 1.1M YTD including 500K commercial.
- Optum revenue $56.3B (+25%); earnings $3.7B (+13%); Insight revenue backlog over $31B.
- Medical care ratio 83.2% vs 81.5%, driven by outpatient senior care; favorable reserve development $480M.
- Cash flow from operations $11.0B; returned $4.8B to shareholders; annual dividend raised 14%.
- Full-year adjusted EPS guidance raised to $24.70-$25.00; net EPS guidance $23.45-$23.75.