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© Reuters. UnitedHealth earnings, revenue in the second quarter exceeded
Investing.com-UnitedHealth (NYSE:) announced Thursday’s second-quarter results that exceeded analysts’ expectations and revenues also exceeded expectations.
UnitedHealth announced earnings per share of US$4.7 and revenue of US$71.32B. Analysts surveyed by Investing.com expect earnings per share of $4.43 and revenue of $69.6B.
UnitedHealth shares are up 18% from the beginning of the year, and are still down 2.64% from the 52-week high of $425.98 set on May 10. They outperformed the S&P 500 index, which was up 16.46% from the beginning of the year.
UnitedHealth focuses on the earnings of other major financial sectors this month
UnitedHealth’s report was released after JPMorgan Chase’s earnings exceeded expectations on Tuesday. JPMorgan Chase reported earnings per share of US$3.78 and revenue of US$31.4B, while forecast earnings per share were US$3.16 and revenue of US$30B.
Bank of America exceeded expectations on Wednesday, with earnings per share of US$1.03 and revenue of US$21.47B in the second quarter, compared with the forecast of US$0.7748 and revenue of US$21.87B.
Learn about all upcoming earnings reports by visiting Investing.com’s earnings calendar
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