UnitedHealth: Q3 Earnings Snapshot
By AP News
Published - Oct 15, 2024, 06:02 AM ET
Last Updated - Oct 15, 2024, 06:02 AM EDT
MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — UnitedHealth Group Inc. (UNH) on Tuesday reported third-quarter net income of $6.06 billion.
On a per-share basis, the Minnetonka, Minnesota-based company said it had profit of $6.51. Earnings, adjusted for one-time gains and costs, came to $7.15 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $7.02 per share.
The largest U.S. health insurer posted revenue of $100.82 billion in the period, also topping Street forecasts. Ten analysts surveyed by Zacks expected $99.51 billion.
