19.07.2016 11:58:05

Unitedhealth Group, Inc. Q2 Earnings Advance 13%

(RTTNews) - Unitedhealth Group, Inc. (UNH) released a profit for its second quarter that increased compared to the same period last year.

The company said its bottom line rose to $1.89 billion, or $1.96 per share. This was up from $1.67 billion, or $1.73 per share, in last year's second quarter.

Analysts had expected the company to earn $1.89 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 28.2% to $46.49 billion. This was up from $36.26 billion last year.

Unitedhealth Group, Inc. earnings at a glance:

-Earnings (Q2): $1.89 Bln. vs. $1.67 Bln. last year. -Earnings Growth (Y-o-Y): 13.2% -EPS (Q2): $1.96 vs. $1.73 last year. -EPS Growth (Y-o-Y): 13.3% -Analysts Estimate: $1.89 -Revenue (Q2): $46.49 Bln vs. $36.26 Bln last year. -Revenue Change (Y-o-Y): 28.2%

-Guidance: Full year EPS guidance: $7.80 - $7.95

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