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Stay Ahead of the Game With UnitedHealth (UNH) Q2 Earnings: Wall Street's Insights on Key Metrics
UNHUnitedHealth(UNH) ZACKS·2024-07-11 14:21

Core Insights - UnitedHealth Group (UNH) is expected to report quarterly earnings of 6.68pershare,anincreaseof8.86.68 per share, an increase of 8.8% year-over-year, with revenues projected at 98.95 billion, reflecting a 6.5% increase compared to the same period last year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1] - Analysts' projections for key metrics provide valuable insights into the company's performance [2] Revenue Projections - 'Revenues- Products' are estimated to be 11.65billion,representinga9.311.65 billion, representing a 9.3% increase from the prior-year quarter [2] - 'Revenues- Services' are forecasted to reach 9.25 billion, indicating a 6.8% year-over-year change [2] - 'Revenues- Investment and other income' is estimated at 1.04billion,reflectingadeclineof6.61.04 billion, reflecting a decline of 6.6% year-over-year [2] Premiums and Customer Metrics - 'Revenues- Premiums' are projected to be 77.04 billion, showing a 6.3% increase from the year-ago quarter [3] - The 'Medical Care Ratio' is expected to be 84.2%, up from 83.2% in the same quarter last year [3] - Total commercial customers for UnitedHealthcare are estimated to reach 29,083.36 thousand, an increase from 27,175 thousand in the same quarter last year [3] - 'Commercial- Risk-based' customers are expected to be 8,482.20 thousand, up from 8,035 thousand year-over-year [3] - 'Commercial- Fee-based' customers are projected at 20,561.16 thousand, compared to 19,140 thousand in the previous year [3] Community and Senior Metrics - Total community and senior customers are estimated at 19,797.53 thousand, down from 20,275 thousand in the same quarter last year [4] - 'Community and Senior - Medicare Advantage' customers are projected to be 7,866.97 thousand, an increase from 7,590 thousand year-over-year [4] - 'Community and Senior - Medicare Supplement (Standardized)' customers are expected to reach 4,310.15 thousand, slightly down from 4,330 thousand in the previous year [4] - 'Medicare Part D stand-alone' customers are estimated at 3,106.38 thousand, compared to 3,355 thousand in the same quarter last year [4] Stock Performance - Over the past month, UnitedHealth shares have returned +1.6%, while the Zacks S&P 500 composite has increased by +5.1% [6] - UnitedHealth currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [6]