UnitedHealth Stock Pops On Q2 Earnings Beat and Raised Outlook - Earnings By The Numbers
Portfolio Pulse from Vandana Singh
UnitedHealth Group Inc (NYSE:UNH) reported Q2 profits of nearly $5.5 billion, up 8% Y/Y, and sales of $92.9 billion, up almost 16% Y/Y, beating consensus estimates. Adjusted EPS of $6.14 increased 14% Y/Y, surpassing the consensus of $6.01. The company raised its FY23 net earnings outlook to $23.45-$23.75 per share and adjusted net earnings to $24.70-$25.00 per share. UNH shares are up 3.61% at $463.90 during premarket trading.
July 14, 2023 | 12:49 pm
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UnitedHealth Group's Q2 earnings beat and raised FY23 outlook could positively impact its stock price in the short term.
UnitedHealth Group reported strong Q2 earnings, beating consensus estimates, and raised its FY23 outlook. This positive financial performance and optimistic outlook could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100