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UnitedHealth(UNH) - 2024 Q1 - Quarterly Results
2024-04-16 10:01
UnitedHealth Group Reports First Quarter 2024 Results • Revenues of $99.8 Billion Grew Nearly $8 Billion Year Over Year • Earnings Reflect $0.74 per Share of Impacts from Change Healthcare Cyberattack; $0.49 to Support Direct Response Efforts and $0.25 in Business Disruption Impacts • Company has Provided Over $6 Billion in Advance Funding and Interest-Free Loans to Support Care Providers in Need • First Quarter Net Loss of $1.53 Per Share is Due Primarily to Currency Effects of Previously Reported Brazil S ...
Can High Medical Costs Affect UnitedHealth's (UNH) Q1 Earnings?
Zacks Investment Research· 2024-04-12 17:21
UnitedHealth Group Incorporated (UNH) is set to report its first-quarter 2024 results on Apr 16, 2024, before the opening bell.Where Do the Estimates Stand?The Zacks Consensus Estimate for first-quarter earnings per share of $6.70 suggests a 7% increase from the prior-year figure of $6.26. The consensus mark declined by a penny over the past week. The consensus estimate for first-quarter revenues of $99.4 billion indicates an 8.1% increase from the year-ago reported figure.UnitedHealth beat the consensus es ...
Will The Q1 Medical Care Ratio Define The Move In UnitedHealth Stock?
Forbes· 2024-04-11 12:00
CHINA - 2023/09/04: In this photo illustration, the UnitedHealth Group logo is displayed on the ... [+] screen of a smartphone. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesUnitedHealth Group (NYSE: UNH) is scheduled to report its Q1 2024 results on Tuesday, April 16. We expect UnitedHealth to post revenue of $99.7 billion and earnings of $6.75 on a per-share and adjusted basis, aligning with the street expectations. The company will ...
Will UnitedHealth's (UNH) UnitedHealthcare Unit Aid Q1 Earnings?
Zacks Investment Research· 2024-04-10 17:45
UnitedHealth Group Incorporated (UNH) is set to release its first-quarter 2024, results on Apr 16, 2024 before the opening bell. As a significant player in the healthcare sector, a sustained rise in membership is expected to have aided its quarterly performance, partially offset by higher medical costs. Growth in Community & State, Medicare & Retirement and Employer & Individual Domestic is expected to have supported the UnitedHealthcare unit.UnitedHealthcare BusinessThrough this segment, UNH offers healthc ...
UnitedHealth Group (UNH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-04-09 15:06
The market expects UnitedHealth Group (UNH) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rel ...
Why the Market Dipped But UnitedHealth Group (UNH) Gained Today
Zacks Investment Research· 2024-04-08 22:56
In the latest trading session, UnitedHealth Group (UNH) closed at $456, marking a +0.06% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.04%. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, added 0.03%.The largest U.S. health insurer's stock has dropped by 4.37% in the past month, falling short of the Medical sector's loss of 0.6% and the S&P 500's gain of 2.57%.Market participants will be closely following the financial results of UnitedHealth G ...
Should You Pick UnitedHealth Stock After A 15% Fall This Year?
Forbes· 2024-04-04 12:00
Minneapolis, Minnesota. People of color Career Fair. A networking and hiring event for professionals ... [+] of color. People visiting the United Health Group booth. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty ImagesUnitedHealth stock (NYSE: UNH) saw a 6% fall on April 2, after the U.S. Centers for Medicare & Medicaid Services said Medicare Advantage payments would rise by an average of 3.7% in 2025, falling short of the street expectations. This ...
Should You Buy This Blue Chip Stock's Dip Hand Over Fist?
The Motley Fool· 2024-04-02 10:28
Cyberattacks can disrupt corporations, and you've seen that play out in recent weeks. UnitedHealth Group (UNH -1.01%) fell roughly $14 billion behind in paying claims after a hacker group attacked Change Healthcare, UnitedHealth's technology subsidiary, which processes claims.The attack meant providers couldn't be paid, stressing the healthcare system and forcing UnitedHealth to advance loans to keep care providers afloat. It's a black eye for the company, and the stock has backpedaled from its 52-week high ...
UnitedHealth Group (UNH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-04-01 22:51
The most recent trading session ended with UnitedHealth Group (UNH) standing at $489.70, reflecting a -1.01% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.2%. At the same time, the Dow lost 0.6%, and the tech-heavy Nasdaq gained 0.11%.The largest U.S. health insurer's shares have seen an increase of 1.06% over the last month, not keeping up with the Medical sector's gain of 2.21% and the S&P 500's gain of 3.32%.Analysts and investors alike will be keeping a c ...
UnitedHealth's (UNH) Optum to Buy Steward's Physician Group
Zacks Investment Research· 2024-04-01 16:41
UnitedHealth Group Incorporated (UNH) unit Optum is planning to acquire Steward Health Care’s physician group, according to some filed documents by the seller with the Massachusetts Health Policy Commission. The financial details of the deal are yet to be disclosed.Acquiring Steward Health’s nine-state-wide footprint of primary care providers and clinicians will likely strengthen Optum's position in Massachusetts and other regions. It will also provide Optum access to a larger pool of patients and potential ...