UnitedHealth Group Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

UnitedHealth Group (NYSE:UNH) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$100.8b (up 9.2% from 3Q 2023).
• Net income: US$6.06b (up 3.7% from 3Q 2023).
• Profit margin: 6.0% (down from 6.3% in 3Q 2023).
• EPS: US$6.56 (up from US$6.31 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

UnitedHealth Group Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates by 1.8%.

Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for UnitedHealth Group that you should be aware of.

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