On Tuesday, UnitedHealth Group (NYSE:UNH) reported better-than-expected third-quarter 2024 earnings but lowered the upper end of its annual EPS outlook.
The company reported adjusted EPS of $7.15, up from $6.56 a year ago, beating the consensus of $7.00.
UnitedHealth’s revenues increased nearly $8.5 billion (+9.1% Y/Y) to $100.8 billion, beating the consensus of $99.28 billion. This was led by an expansion in the number of people served domestically at Optum and UnitedHealthcare.
Third-quarter earnings from operations were $8.7 billion, including $0.3 billion in unfavorable cyber attack effects. Adjusted earnings from operations of $9.0 billion include the Change Healthcare business disruption impacts, excluding the cyberattack direct response costs.
Also Read:
