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UnitedHealth Group Earnings Preview

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UnitedHealth Group (NYSE: UNH) announces its next round of earnings this Wednesday, October 14. Here is Benzinga's look at UnitedHealth Group's Q3 earnings report.

Earnings and Revenue

Analysts expect UnitedHealth Group earnings of $3.09 per share. Revenue will likely be around $63.97 billion, according to the consensus estimate. In the same quarter last year, UnitedHealth Group reported earnings per share of $3.88 on sales of $60.35 billion. If the company were to report earnings in line when it publishes results Wednesday, quarterly profit would be down 20.36%. Sales would be up 6.0% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 5.18 3.64 3.78 3.75
EPS Actual 7.12 3.72 3.90 3.88
Revenue Estimate 63.43 B 64.33 B 61.04 B 59.79 B
Revenue Actual 62.14 B 64.42 B 60.90 B 60.35 B

Stock Performance

Shares of UnitedHealth Group were trading at $329.93 as of October 12. Over the last 52-week period, shares are up 39.74%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. UnitedHealth Group is scheduled to hold the call at 08:45:00 ET and can be accessed here: https://www.unitedhealthgroup.com/investors.html

 

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