UnitedHealth: Q2 2024 Earnings Review, A Panacea For Investor's Fears
UnitedHealth(UNH) Seeking Alpha·2024-07-16 17:21
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 ...