Company News: UnitedHealth Group (UNH) quarterly earnings beat analysts’ forecasts

Market news

15 October 2019

Company News: UnitedHealth Group (UNH) quarterly earnings beat analysts’ forecasts

UnitedHealth Group (UNH) reported Q3 FY 2019 earnings of $3.88 per share (versus $3.41 in Q3 FY 2018), beating analysts’ consensus estimate of $3.76.

The company’s quarterly revenues amounted to $60.351 bln (+6.7% y/y), generally in line with analysts’ consensus estimate of $59.836 bln.

The company also raised its FY 2019 EPS guidance to $14.90-15.00, up from $14.70-14.90 prior, versus analysts’ consensus estimate of $14.83.

UNH rose to $225.70 (+2.32%) in pre-market trading.

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