earnings
confidence high
sentiment positive
materiality 0.75
UnitedHealth Q1 EPS $6.90; FY guidance raised; Alegeus deal, $2B buyback
UNITEDHEALTH GROUP INC
2026-Q1 EPS
reported $6.90
vs consensus $6.64
▲ beat
(+3.9%)
- Q1 revenues $111.7B (+2% YoY); GAAP EPS $6.90, adjusted $7.23.
- Medical cost ratio improved 90 bps to 83.9%; operating cost ratio up to 13.8%.
- FY2026 guidance raised: GAAP EPS >$17.35, adjusted >$18.25.
- Agreed to acquire Alegeus Technologies (earnings neutral, close H2 2026).
- At least $2B stock buyback expected by end of Q2 2026; Optum UK sale netted $400M.