UnitedHealth Group Inc reports results for the quarter ended June 30 - Earnings Summary

• UnitedHealth Group Inc UNH.N reported quarterly adjusted earnings of $4.08​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $6.80. The mean expectation of twenty three analysts for the quarter was for earnings of $4.48 per share. Wall Street expected results to range from $3.39 to $5.48 per share.

• Revenue rose 12.9% to $111.62 billion from a year ago; analysts expected $111.52 billion.

• UnitedHealth Group Inc's reported EPS for the quarter was $3.74​.

• The company reported quarterly net income of $3.41 billion.

• UnitedHealth Group Inc shares had fallen by 9.6% this quarter and lost 44.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.3% in the last three months.​

• In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 6 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the managed healthcare peer group is also "buy"

• Wall Street's median 12-month price target for UnitedHealth Group Inc is $350.00, about 19.4% above its last closing price of $282.12

This summary was machine generated from LSEG data July 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)