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.

UnitedHealth Group (UNH) Q1 2020 earnings review

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

AMAT Stock: Is now the right time to invest in Applied Materials?

It is estimated that the size of the global chip manufacturing equipment market would nearly double from the current levels to about $142 billion in the next eight years. Applied

Here’s a look at Take-Two Interactive Software’s (TTWO) expectations for the coming year

Shares of Take-Two Interactive Software (NASDAQ: TTWO) were down over 2% on Friday. The stock has dropped 32% year-to-date and 35% over the past 12 months. Earlier this week, the

Beyond short-term challenges, Cisco’s (CSCO) prospects remain intact

Cisco Systems Inc. (NASDAQ: CSCO) is the undisputed leader in networking technology, but its core business has been facing challenges over the past few years. While the company faces stiff

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