Categories AlphaGraphs, Earnings, Health Care
A visual representation of UnitedHealth (UNH) Q1 2020 earnings results
UnitedHealth Group (NYSE: UNH) reported its financial results for the quarter ended March 31, 2020 today.
UnitedHealth reported a 3% rise in earnings for the first quarter of 2020 driven by higher revenue. The top-line increased by 6.8% reflecting broad-based revenue growth across Optum and UnitedHealthcare. The growth in Medicare Advantage and dual special needs plans drove the UnitedHealthcare segment higher while diversified growth including strength in care delivery drove OptumHealth revenue higher.
During the quarter, the company responded to the COVID-19 global health crisis. The results reflected the minimal impact from the progression of the COVID-19 virus across the US given various factors that only emerged late in the quarter. The company maintained its full-year earnings outlook for 2020, including earnings of $15.45-15.75 per share and adjusted net earnings of $16.25-16.55 per share.
Past Performance
Most Popular
Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of
Chewy (CHWY) is set for meaningful growth in the coming year, here’s why
Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a
GME Earnings: GameStop Q4 2024 profit rises; sales down 28%
Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth
