Categories AlphaGraphs, Earnings, Health Care

Earnings: UnitedHealth Group (UNH) Q1 profit, revenue beat estimates

Health insurance giant UnitedHealth Group (NYSE: UNH) on Thursday reported financial results for the first quarter of 2022. Earnings and revenues increased year-over-year and exceeded analysts’ estimates. The company also raised its full-year 2022 guidance.

At $80.1 billion, first-quarter revenues were up 14% year-over-year and above analysts’ estimates. The topline benefitted from strong growth across all the key business segments.

Net profit, adjusted for special items, increased to $5.49 per share in the first quarter from $5.31 per share in the corresponding period of last year. Unadjusted net income was $5.03 billion or $5.27 per share, compared to $4.86 billion or $5.08 per share last year.


Check this space to read management/analysts’ comments on UnitedHealth’s Q1 2022 earnings


“Disciplined execution of our long-term strategy, with a sharp focus on ensuring access to care for the people we serve enabled us to deliver high-quality, diversified growth across Optum and UnitedHealthcare during this first quarter of 2022,” said Andrew Witty, chief executive officer of UnitedHealth Group.

Prior Performance

  • UnitedHealth Corporation Q4 2020 earnings

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

JetBlue Airways (JBLU) Q4 2022 Earnings: Key financials and quarterly highlights

JetBlue Airways Corporation (NASDAQ: JBLU) reported fourth quarter 2022 earnings results today. Total operating revenues increased 32% year-over-year to $2.4 billion.   Net income amounted to $24 million, or $0.07

AAL Q4 2022 Report: Highlights American Airlines earnings

American Airlines Group (NASDAQ: AAL) announced fourth-quarter 2022 financial results on Thursday, reporting a sharp increase in revenues. The company turned profit from a loss last year. Total operating revenues

LUV Earnings: A snapshot of Southwest Airlines’ Q4 2022 report

Southwest Airlines Co. (NYSE: LUV) on Thursday announced financial results for the fourth quarter of 2022, reporting a net loss and a double-digit increase in revenues. Total operating revenue was

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top