Loading...
•
Mar 31, 2021
UnitedHealth Q1 2021 Earnings Report
UnitedHealth Group's first quarter performance was reported, showing revenue growth and strong earnings from operations.
Key Takeaways
UnitedHealth Group reported a strong first quarter with revenues of $70.2 billion, a 9% increase year-over-year, and earnings from operations growing by 35% to $6.7 billion. The company's performance was driven by balanced growth at both Optum and UnitedHealthcare. They also increased their full year net earnings outlook to $17.15 to $17.65 per share and adjusted earnings to $18.10 to $18.60 per share.
Revenues grew by 9% to $70.2 billion, driven by balanced growth in Optum and UnitedHealthcare.
Earnings from operations increased by 35% to $6.7 billion.
Cash flows from operations were $6.0 billion, representing 1.2 times net income.
Net earnings per share were $5.08, and adjusted earnings per share were $5.31.
Revenue by Segment
Forward Guidance
The Company increased its full year net earnings outlook to $17.15 to $17.65 per share and adjusted earnings to $18.10 to $18.60 per share. This outlook continues to include approximately $1.80 per share in potential net unfavorable impact to accommodate continuing COVID-19 effects, such as: testing and treatment costs; the residual impact of people having deferred care in 2020; and unemployment and other economy-driven factors.
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
Loading earnings performance data...
Loading earnings reaction data...