UnitedHealth Q3 2020 Earnings Report
Key Takeaways
UnitedHealth Group reported revenues of $65.1 billion, an 8% increase driven by Optum's 21% growth. Net earnings were $3.30 per share, and adjusted earnings were $3.51 per share. Results were impacted by consumer, customer, care provider, and community assistance initiatives related to COVID-19, though underlying business performance remained strong.
Revenues grew by 8% to $65.1 billion, led by 21% growth at Optum.
Net earnings per share were $3.30, and adjusted earnings per share were $3.51.
Performance was affected by COVID-19 related assistance initiatives.
Underlying business performance remained strong despite pandemic-related impacts.
UnitedHealth
UnitedHealth
UnitedHealth Revenue by Segment
Forward Guidance
The Company is updating its full year earnings per share outlook for 2020 to net earnings of $15.65 to $15.90 per share and adjusted net earnings of $16.50 to $16.75 per share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income