A Detailed Look at UnitedHealth Group's Performance in Q1 2024 and Outlook for the Future

Tuesday, 16 April 2024, 12:51

UnitedHealth Group's revenues surged by 9% in Q1 2024, reaching $99.8 billion, while the net loss attributed to common shareholders was $1.4 billion. Adjusted earnings per share stood at $6.91. The company revised its 2024 EPS projections due to the impact of the Brazil sale and estimated costs from a cyberattack.
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A Detailed Look at UnitedHealth Group's Performance in Q1 2024 and Outlook for the Future

UnitedHealth Group Q1 2024 Earnings

UnitedHealth Group (NYSE: UNH) reported its first quarter 2024 earnings results today, with revenues growing by 9% year-over-year to $99.8 billion.

Financial Performance Details

  • Revenues: Increased by 9% to $99.8 billion
  • Net Loss: $1.4 billion, or $1.53 per share
  • Adjusted EPS: $6.91

The company updated its full-year 2024 EPS outlook to $17.60-18.20 and maintained its adjusted EPS guidance at $27.50-28.00.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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