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UnitedHealth Group Beats Quarterly Profits

By John F. Heerdink, Jr.

Dow 30 component, UnitedHealth Group Incorporated (UNH) released quarter earnings recently beating analyst expectations and upholding its 2020 outlook boosted by strength across its businesses. The company announced the medical loss ratio of 81.0%, beating analysts’ estimates of 81.57% for the quarter ending March 31. Adjusted earnings of $3.72 per share were reported, beating estimates of $3.63. Net earnings attributable to shareholders dropped to $3.38 billion, or $3.52 per share for the quarter. Total revenue rose 6.8% to $64.42 billion, ahead of Wall Street estimates at $64.32 billion.

Dow 30 component UnitedHealth Group Incorporated (UNH) operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, individuals, and military service members; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. To learn more about (UNH) please visit the Vista Partners Company Dedicated UNH Coverage Page

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: UnitedHealth beats quarterly profit on strength across its businesses in CNBC)


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