UnitedHealth: Q2 Earnings Snapshot
By AP News
Published - Jul 14, 2023, 06:03 AM ET
Last Updated - Jul 14, 2023, 06:03 AM EDT
MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — UnitedHealth Group Inc. (UNH) on Friday reported second-quarter earnings of $5.47 billion.
The Minnetonka, Minnesota-based company said it had profit of $5.82 per share. Earnings, adjusted for amortization costs, came to $6.14 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $5.92 per share.
The largest U.S. health insurer posted revenue of $92.9 billion in the period, also surpassing Street forecasts. Ten analysts surveyed by Zacks expected $90.6 billion.
