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UnitedHealth announced earnings per share of $3.72 on revenue of $64.42B. Analysts polled by Investing.com anticipated EPS of $3.63 on revenue of $64.18B. That with comparison to EPS of $3.73 on revenue of $60.31B in the same period a year before. UnitedHealth had reported EPS of $3.9 on revenue of $60.9B in the previous quarter. Analysts are expecting EPS of $4.35 and revenue of $64.83B in the upcoming quarter.
UnitedHealth shares are down 7% from the beginning of the year , still down 11.81% from its 52 week high of $306.71 set on February 19. They are outperforming the S&P 500 which is down 12.29% year to date.
UnitedHealth’s report follows an earnings missed by JPMorgan on Tuesday, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $2.28 on revenue of $29.53B.
Wells Fargo&Co had beat expectations on Wednesday with first quarter EPS of $0.8 on revenue of $17.72B, compared to forecast for EPS of $0.61 on revenue of $19.35B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
