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Mar 31, 2020
UnitedHealth Q1 2020 Earnings Report
UnitedHealth Group responded to the COVID-19 global health crisis and reported a balanced first quarter performance.
Key Takeaways
UnitedHealth Group's first quarter 2020 revenues grew $4.1 billion or 6.8% to $64.4 billion. First quarter earnings from operations grew $164 million or 3.4% year-over-year to $5.0 billion. First quarter 2020 net earnings were $3.52 per share and adjusted net earnings were $3.72 per share.
UnitedHealth Group's first quarter 2020 revenues grew $4.1 billion or 6.8% to $64.4 billion, reflecting broad-based revenue growth across Optum and UnitedHealthcare.
First quarter earnings from operations grew $164 million or 3.4% year-over-year to $5.0 billion.
The medical care ratio of 81.0% in first quarter 2020 decreased from 82.0% last year in the same quarter, due primarily to the return of the health insurance tax, partially offset by the impact of the extra calendar days.
Corporate cash available was $10.9 billion at the end of the first quarter 2020 reflecting measures taken to assure strong liquidity levels in response to financial market volatility particularly evident in March 2020.
Revenue by Segment
Forward Guidance
The company maintained its full year earnings per share outlook for 2020, including net earnings of $15.45 to $15.75 per share and adjusted net earnings of $16.25 to $16.55 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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