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UnitedHealth Non-GAAP EPS of $5.57 Beats By $0.37, Revenue of $80.3B Beats By $620M, Raises FY22 Guidance

Seeking Alpha2022-07-15

  • UnitedHealth(NYSE:UNH): Q2 Non-GAAP EPS of $5.57beats by $0.37.
  • Revenue of $80.3B (+12.6% Y/Y)beats by $620M.
  • Revenues of $80.3 Billion Grew 13% Year-Over-Year, with Double-Digit Growth at both Optum and UnitedHealthcare
  • The second quarter 2022 medical care ratio was 81.5% compared to 82.8% last year, due to COVID effects and business mix.
  • The second quarter 2022 operating cost ratio of 14.6% compares to 14.5% in 2021, reflecting continued productivity gains, offset by business mix and the investments the company continues to make to support future growth opportunities.
  • Based upon the first half performance and growth expectations, the company increased its full year net earnings outlook to $20.45 to $20.95 per share and adjusted net earnings to $21.40 to $21.90 per share vs. $21.68 consensus, from prior outlook of $21.20-$21.70. Growth in the second quarter was balanced across the company’s businesses, driven especially by continued strong expansion in people served at UnitedHealthcare and in value-based arrangements at Optum Health.

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  • Le66ad
    ·2022-07-15
    👍🏻
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  • clingling
    ·2022-07-15
    Oh!!
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  • N00b
    ·2022-07-15
    Ok
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