UnitedHealth Q2 2020 Earnings Report
Key Takeaways
UnitedHealth Group's Q2 2020 revenues increased by $1.5 billion to $62.1 billion. Earnings from operations increased $4.5 billion to $9.2 billion, impacted primarily by deferred care in risk-based businesses. Net earnings per share was $6.91, and adjusted net earnings per share was $7.12.
Revenues increased $1.5 billion to $62.1 billion, reflecting growth at Optum and the UnitedHealthcare public-sector and senior businesses.
Earnings from operations increased $4.5 billion to $9.2 billion, impacted primarily by deferred care in the risk-based businesses.
Cash flows from operations were $10.0 billion, 1.5 times net income.
The medical care ratio declined to 70.2% from 83.1% last year due to the temporary deferral of care.
UnitedHealth
UnitedHealth
UnitedHealth Revenue by Segment
Forward Guidance
The Company is maintaining its full year earnings per share outlook for 2020 of 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