© Reuters. UnitedHealth earnings and sales exceeded second quarter
Investing.com – UnitedHealth (NYSE 🙂 reported the second quarter on Thursday, which beat analysts’ forecasts and earnings exceeded expectations.
UnitedHealth announced earnings per share of $ 4.7 on sales of $ 71.32 billion. Analysts polled by Investing.com expected earnings per share of $ 4.43 on sales of $ 69.6 billion.
UnitedHealth stock is up 18% year-to-date, still 2.64% below its 52-week high of $ 425.98 on May 10. They outperform the S&P 500, which is up 16.46% year-to-date.
UnitedHealth follows other major financial sector gains this month
The UnitedHealth report follows a hit from JPMorgan on Tuesday, which reported earnings per share of $ 3.78 on revenue of $ 31.4 billion, compared with a forecast EPS of $ 3.16 on one Sales of $ 30 billion.
Bank of America exceeded expectations on Wednesday with earnings per share of $ 1.03 on revenue of $ 21.47 billion in the second quarter, compared to its forecast for earnings per share of $ 0.7748 for one Revenue of $ 21.87 billion.
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