UnitedHealth Q2 2022 Earnings Report
Key Takeaways
UnitedHealth Group reported strong second-quarter results, with revenues reaching $80.3 billion, a 13% increase year-over-year. The growth was driven by Optum and UnitedHealthcare. Earnings per share were $5.34, and adjusted earnings per share were $5.57. The company has increased its full-year net earnings outlook to $20.45 to $20.95 per share and adjusted net earnings to $21.40 to $21.90 per share.
Revenues reached $80.3 billion, a 13% increase year-over-year, with double-digit growth in both Optum and UnitedHealthcare.
Earnings from operations were $7.1 billion, a 19% increase year-over-year.
Cash flows from operations were $6.9 billion, 1.3 times net income.
Earnings per share were $5.34, with adjusted earnings per share at $5.57.
UnitedHealth
UnitedHealth
UnitedHealth Revenue by Segment
Forward Guidance
Based upon the first half performance and growth expectations, the company increased its full year net earnings outlook to $20.45 to $20.95 per share and adjusted net earnings to $21.40 to $21.90 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income