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Unitedhealth Group Inc  (UNH)
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    Sector  Financial    Industry Accident & Health Insurance
 
 

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Sales led by Health Care Services section


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Unitedhealth Group Inc announced second quarter 2017 operating income of $3731 millions, company expects fiscal year eps at $ 6.13 per share and Sales at $143,000 millions



Sales for the second quarter 2017 increased by 7.68 % to $50.05 billions in comparison to $46.49 billions on a year-over-year basis, company posted earnings growth of 28.18 % to $2.32, as comparison at $1.81 in the prior year quarter.

In contrast to the first quarter 2017 Sales increased by 2.73 % from $48.72 billions and income improved by 4.04 % from $2.23 per share.
Only one section improved Health Care Services +8.82%, while following segments recorded decrease in revenues OptumRx -17.83%, OptumHealth -49.98%, OptumInsight -50.16%.
Net income of $2,350 millions in the second quarter 2017 increased by 33.52 % from net earnings of $1,760 millions reported in the second quarter 2017 a year ago. Unitedhealth Group Inc also emphasized it's improving profit margins, where net margin rose to 4.7% in second quarter 2017, and operating margin edged up to 7.45%. Unitedhealth Group Inc provided annual earnings per share guidance between $6.00 and $ 6.25, while on the sales side company expects to achieve revenues between $143,000 millions and $143,000 millions.


Unitedhealth Group Inc is expected to report next financial results on October 16, 2017.
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Unitedhealth Group Inc reported first quarter 2017 earnings

Unitedhealth Group Inc reported forth quarter 2016 earnings

Unitedhealth Group Inc reported third quarter 2016 earnings

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