UnitedHealth Group Provides Expansive Support to COVID-19 Response Efforts, Reports Balanced First Quarter Performance
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UnitedHealth Group (UNH) Tops Q1 EPS by 9c, Slight Beat on Revenues
April 15, 2020 5:57 AM EDTUnitedHealth Group (NYSE: UNH) reported Q1 EPS of $3.72, $0.09 better than the analyst estimate of $3.63. Revenue for the quarter came in at $64.4 billion versus the consensus estimate of $64.33 billion.
UnitedHealth Groups first quarter 2020 revenues grew $4.1 billion or 6.8% to $64.4 billion, reflecting broad-based revenue growth across Optum and UnitedHealthcare.First quarter earnings from operations grew $164 million or 3.4% year-over-year to $5.0 billion. Adjusted net earnings per share were in line with the same period last year. Both reflected higher earnings from operations, offset by a higher tax rate... More