smirart/iStock via Getty Images Investment Overview UnitedHealth Group (NYSE:UNH), the $500bn market cap healthcare monolith, announced its Q2 2024 earnings earlier today, and in early trading, its share price is up >5%, reaching a value of >$540, just shy of its highest ever value of ~$550, achieved at the end of 2023. First, let's take a look at the headline figures. Revenues came in just shy of $100bn for the quarter, at $98.9bn on a GAAP basis, up almost $6bn, or ~6.5%, year-on-year. Earnings from o ...

UnitedHealth Group Incorporated (NYSE:UNH) Q2 2024 Earnings Call Transcript July 16, 2024 8:45 AM ET Company Participants Andrew Witty - CEO John Rex - President and CFO Tim Noel - CEO, UnitedHealthcare Medicare & Retirement Krista Nelson - CEO, UnitedHealthcare Community & State Amar Desai - CEO, Optum Health Roger Connor - CEO, Optum Insight Brian Thompson - CEO, UnitedHealthcare Heather Cianfrocco - CEO, Optum Conference Call Participants A.J. Rice - UBS Lisa Gill - JPMorgan Josh Raskin - Nephron Researc ...

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack.Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the impact of the Change Healthcare attack is still ongoing, with its related costs continuing to snowball to over a billion dollars to date, with expectations of the attack’s fallout on UnitedHealth’s bottom line for the full fiscal year topping $2.3 billion.Change provides technology used to submit insurance claims, ...

UnitedHealth (NYSE:UNH) stock is trending this morning on news that the insurer expects a previous cyberattack to cost more than it had previously forecast. However, the firm’s quarterly profits did come in above analysts’ average estimate. UnitedHealth also reiterated its full-year adjusted EPS guidance.UNH stock is currently up more than 4% today as investors digest the news.UNH Stock and Higher Cyberattack CostsBack in February, UnitedHealth tech division Change Healthcare was hit by a cyberattack that t ...

Key TakeawaysUnitedHealth Group's earnings exceeded forecasts as its Optum division added more patients and pharmacy customers.Profit was negatively impacted by the continuing effects of a February cyberattack against its Change Healthcare division.The company said the effect of the hack on full-year earnings would be more than previously estimated. UnitedHealth Group (UNH) shares advanced Tuesday after the big health insurance provider posted better-than-expected profit on higher revenue from its Optum hea ...

UnitedHealth Group (UNH) came out with quarterly earnings of $6.80 per share, beating the Zacks Consensus Estimate of $6.65 per share. This compares to earnings of $6.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.26%. A quarter ago, it was expected that this largest U.S. health insurer would post earnings of $6.63 per share when it actually produced earnings of $6.91, delivering a surprise of 4.22%.Over the last four qu ...

For Immediate ReleasesChicago, IL – July 16, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Microsoft Corp. (MSFT) , Eli Lilly and Co. (LLY) , UnitedHealth Group Inc. (UNH) and Tile Shop Holdings, Inc. (TTSH) .Here are highlights from Tuesday’s Analyst Blog:Q2 Earnings Season Scorecard and Analyst Reports for Mi ...

UnitedHealth Group Reports Second Quarter 2024 Results • Revenues of $98.9 Billion Grew Nearly $6 Billion Year Over Year, Led by Optum • Consumers Served by UnitedHealthcare's Commercial Domestic Offerings Grew 2.3 Million Year to Date • Cash Flows from Operations were $6.7 Billion or 1.5x Net Income • Second Quarter Earnings of $4.54 Per Share Reflect Classification of Remaining South American Operations as Held for Sale and Cyberattack Impacts • Adjusted Earnings of $6.80 Per Share Include $0.28 in Busine ...

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of UnitedHealth Group Inc. (NYSE: UNH). Shareholders who purchased shares of UNH during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/unitedhealth-group-inc-loss-submission-form/?id=90496&from=3  CLASS PERIOD: Ma ...

UnitedHealth Group is a dividend grower with an impressive earnings track record.UnitedHealth Group (UNH 1.42%) stock hasn't performed well this year so far, but there's a consolation prize for long-term investors. Every three months, UnitedHealth Group distributes a cash payout to anyone who's a shareholder of record on the ex-dividend date.That's great news for income-oriented investors, but it shouldn't be your sole focus. It's essential to conduct your due diligence on the company itself, especially sin ...