UnitedHealth: EPS down 22% in Q2

(CercleFinance.com) - UnitedHealth Group reports EPS that fell 22% to $4.
54 for Q2 2024, reflecting a reclassification of its remaining South American businesses as held for sale, as well as the impact of the cyberattack on Change HealthCare. NB pmt -0.4%.

The insurance and healthcare services group's adjusted EPS rose almost 11% to $6.80, on revenues that increased by over 6% to $98.9bn, with 5% growth at UnitedHealthCare and 12% growth at Optum.

For the current full year, UnitedHealth Group has updated its EPS target range on a reported basis to between $15.95 and $16.40, but confirms its target range on an adjusted basis to between $27.50 and $28.


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