Last week, UnitedHealth Group Incorporated (UNH) reported strong second-quarter 2024 results, driven by growth in domestic membership through UnitedHealthcare and value-based care arrangements via Optum. The improvedclarity on its outlook led to an 8.6% price increase since the release on Jul 16, 2024, reversing the 2.1% decline from the start of the yeartill the release.Management addressed several uncertainties with the second-quarter earnings, including the impact of the cyberattack, the sale of South Am ...

Why the stock rallied despite a mixed earnings report.Shares of UnitedHealth Group (UNH 0.17%) were rallying despite a past cyberattack on the company's Change Healthcare business continuing to affect the company's results. But with investors now seemingly willing to look past the continuing cost to its business, is now a good opportunity to buy the stock?Let's look at the company's second-quarter results, as well as UnitedHealth's prospects and valuation to determine whether or not it is too late for inves ...

HONG KONG, CHINA - 2024/06/23: In this photo illustration, the American multinational managed ... [+] healthcare and insurance company UnitedHealth Group (NYSE: UNH) logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUnitedHealth Group (NYSE: UNH) recently reported its Q2 results, with revenues slightly below and earnings exceeding our expecta ...

UnitedHealth Group (UNH) , the largest U.S. health insurer, reported better-than-expected second-quarter 2024 results as it breezed past the Zacks Consensus Estimate on both earnings and revenues. UNH shares climbed 6.5% on the day following the results.Investors can tap the opportunity by investing in ETFs having the largest allocation to this health insurance giant. These include iShares U.S. Healthcare Providers ETF (IHF) , Health Care Select Sector SPDR Fund (XLV) , iShares U.S. Healthcare ETF (IYH) , F ...

Loading...Loading...UnitedHealth Group UNH reported better-than-expected second-quarter earnings on Tuesday.The company reported adjusted EPS of $6.80, up from $6.14 a year ago, beating the consensus of $6.66, according to data from Benzinga Pro. UnitedHealth’s revenues increased nearly $6 billion (+6.4% Y/Y) to $98.86 billion, beating the consensus of $98.34 billion, led by expansion in people served domestically at Optum and UnitedHealthcare.UnitedHealth expects a 2024 net profit of $15.95-$16.40 per shar ...

Key TakeawaysUnitedHealth Group shares surged more than 6% on Tuesday after the health insurance giant topped Wall Street’s quarterly earnings estimates and maintained its full-year profit outlook.The share price staged a decisive close above the 50-week moving average but remains within a multi-year trading range.The measuring principle, which calculates the distance between the range’s upper and lower trendlines and adds that amount to the top trendline, forecasts a profit target of $651.UnitedHealth shar ...

UnitedHealth Group TodayUNHUnitedHealth Group$548.87 +33.50 (+6.50%) 52-Week Range$436.38▼$554.70Dividend Yield1.53%P/E Ratio33.55Price Target$581.44Add to WatchlistUnitedHealth Group NYSE: UNH has headwinds, but its healthcare business and operational quality offset them, setting the stock to hit new all-time highs. The primary culprit is the recent cyber attacks, which shut down a significant portion of its network and cost more than previously estimated. The takeaway from the Q2 report is that the underl ...

The company notched an inspiring net income beat in its latest quarter.A convincing bottom-line beat helped increase the share price of big health insurer UnitedHealth Group (UNH 6.50%) on Tuesday. Investors liked what they saw with the company's second-quarter results, and rewarded it by pushing the stock nearly 7% higher in value across the day. That compared very favorably to the S&P 500 index, which inched up by less than 1%.Top- and bottom-line increasesIn the quarter, UnitedHealth booked revenue of $9 ...

UnitedHealth Group Incorporated ((UNH) has an Earnings ESP of +3.32% and carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The Zacks Consensus Estimate for Amphastar Pharmaceuticals’ bottom line for the to-be-reported quarter indicates 20% year-over-year growth. AMPH beat earnings estimates in each of the past four quarters, the average surprise being 28.6%.Encompass Health Corporation (EHC) has an Earnings ESP of +0.36% and carries a Zacks Rank ...

UnitedHealth Group (UNH) reported $98.86 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 6.4%. EPS of $6.80 for the same period compares to $6.14 a year ago.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $98.71 billion. With the consensus EPS estimate being $6.65, the EPS surprise was +2.26%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...