UnitedHealth Q2 Earnings: Revenue And EPS Beat, Lifts Cyberattack Impact Estimate, Reaffirms Profit Outlook
Portfolio Pulse from Vandana Singh
UnitedHealth Group (NYSE:UNH) reported better-than-expected Q2 2024 earnings with adjusted EPS of $6.80 and revenues of $98.86 billion. The company also updated the impact of a recent cyberattack and reaffirmed its profit outlook.
July 16, 2024 | 11:45 am
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UnitedHealth Group reported strong Q2 2024 earnings with adjusted EPS of $6.80 and revenues of $98.86 billion, both beating consensus estimates. The company also updated the impact of a recent cyberattack and reaffirmed its profit outlook.
The better-than-expected earnings and revenue figures are positive indicators for the stock. The reaffirmation of the profit outlook despite the cyberattack impact also adds to investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100