UnitedHealth(UNH)

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Should You Pick UnitedHealth Stock At $575 After A Q2 Beat?
Forbes· 2024-07-19 11:00
HONG KONG, CHINA - 2024/06/23: In this photo illustration, the American multinational managed ... [+] healthcare and insurance company UnitedHealth Group (NYSE: UNH) logo seen displayed on a smartphone with an economic stock exchange index graph in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUnitedHealth Group (NYSE: UNH) recently reported its Q2 results, with revenues slightly below and earnings exceeding our expecta ...
UnitedHealth Rises on Q2 Earnings Beat: ETFs to Gain
ZACKS· 2024-07-17 17:01
UnitedHealth Group (UNH) , the largest U.S. health insurer, reported better-than-expected second-quarter 2024 results as it breezed past the Zacks Consensus Estimate on both earnings and revenues. UNH shares climbed 6.5% on the day following the results.Investors can tap the opportunity by investing in ETFs having the largest allocation to this health insurance giant. These include iShares U.S. Healthcare Providers ETF (IHF) , Health Care Select Sector SPDR Fund (XLV) , iShares U.S. Healthcare ETF (IYH) , F ...
UnitedHealth Analysts Boost Their Forecasts Following Upbeat Earnings
Benzinga· 2024-07-17 13:00
Loading...Loading...UnitedHealth Group UNH reported better-than-expected second-quarter earnings on Tuesday.The company reported adjusted EPS of $6.80, up from $6.14 a year ago, beating the consensus of $6.66, according to data from Benzinga Pro. UnitedHealth’s revenues increased nearly $6 billion (+6.4% Y/Y) to $98.86 billion, beating the consensus of $98.34 billion, led by expansion in people served domestically at Optum and UnitedHealthcare.UnitedHealth expects a 2024 net profit of $15.95-$16.40 per shar ...
Watch These UnitedHealth Stock Price Levels After Earnings-Driven Surge
Investopedia· 2024-07-17 12:36
Key TakeawaysUnitedHealth Group shares surged more than 6% on Tuesday after the health insurance giant topped Wall Street’s quarterly earnings estimates and maintained its full-year profit outlook.The share price staged a decisive close above the 50-week moving average but remains within a multi-year trading range.The measuring principle, which calculates the distance between the range’s upper and lower trendlines and adds that amount to the top trendline, forecasts a profit target of $651.UnitedHealth shar ...
Why This Healthcare Stock is a Strong Buy Despite Headwinds
MarketBeat· 2024-07-17 11:17
UnitedHealth Group TodayUNHUnitedHealth Group$548.87 +33.50 (+6.50%) 52-Week Range$436.38▼$554.70Dividend Yield1.53%P/E Ratio33.55Price Target$581.44Add to WatchlistUnitedHealth Group NYSE: UNH has headwinds, but its healthcare business and operational quality offset them, setting the stock to hit new all-time highs. The primary culprit is the recent cyber attacks, which shut down a significant portion of its network and cost more than previously estimated. The takeaway from the Q2 report is that the underl ...
Why UnitedHealth Stock Rocketed Nearly 7% Higher Today
The Motley Fool· 2024-07-16 22:36
The company notched an inspiring net income beat in its latest quarter.A convincing bottom-line beat helped increase the share price of big health insurer UnitedHealth Group (UNH 6.50%) on Tuesday. Investors liked what they saw with the company's second-quarter results, and rewarded it by pushing the stock nearly 7% higher in value across the day. That compared very favorably to the S&P 500 index, which inched up by less than 1%.Top- and bottom-line increasesIn the quarter, UnitedHealth booked revenue of $9 ...
UnitedHealth Group (UNH) Q2 Earnings Beat on Strong Optum Unit
ZACKS· 2024-07-16 18:40
UnitedHealth Group Incorporated ((UNH) has an Earnings ESP of +3.32% and carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The Zacks Consensus Estimate for Amphastar Pharmaceuticals’ bottom line for the to-be-reported quarter indicates 20% year-over-year growth. AMPH beat earnings estimates in each of the past four quarters, the average surprise being 28.6%.Encompass Health Corporation (EHC) has an Earnings ESP of +0.36% and carries a Zacks Rank ...
UnitedHealth (UNH) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-16 18:31
UnitedHealth Group (UNH) reported $98.86 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 6.4%. EPS of $6.80 for the same period compares to $6.14 a year ago.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $98.71 billion. With the consensus EPS estimate being $6.65, the EPS surprise was +2.26%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...
UnitedHealth: Q2 2024 Earnings Review, A Panacea For Investor's Fears
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 ...
UnitedHealth(UNH) - 2024 Q2 - Earnings Call Transcript
2024-07-16 16:24
UnitedHealth Group Incorporated (NYSE:UNH) Q2 2024 Earnings Call Transcript July 16, 2024 8:45 AM ET Company Participants Andrew Witty - CEO John Rex - President and CFO Tim Noel - CEO, UnitedHealthcare Medicare & Retirement Krista Nelson - CEO, UnitedHealthcare Community & State Amar Desai - CEO, Optum Health Roger Connor - CEO, Optum Insight Brian Thompson - CEO, UnitedHealthcare Heather Cianfrocco - CEO, Optum Conference Call Participants A.J. Rice - UBS Lisa Gill - JPMorgan Josh Raskin - Nephron Researc ...