UnitedHealth Group reported first-quarter earnings that exceeded Wall Street expectations, with adjusted earnings per share of $7.23 versus the expected $6.57, and revenue of $111.72 billion beating the forecasted $109.57 billion. The company raised its 2026 profit outlook to over $18.25 per share, up from $17.75, citing improved management of high medical costs and operational streamlining. UnitedHealth's medical benefit ratio improved to 83.9%, better than analysts' 85.5% estimate, indicating more efficient cost control. The company plans to continue its turnaround with a new leadership team, focusing on shrinking membership, divesting non-core businesses, investing in AI, and enhancing care access and transparency to restore profitability and reputation.
Piper Sandler raised its price target for UnitedHealth Group to $475, suggesting a 13.3% upside from its current price of $419.23. The company, the largest U.S. health insurer, has consistently beaten earnings estimates, with its latest EPS of $7.23 ...
The SCHD ETF has returned just under 2% in the past month, outperforming the S&P 500 ETF (SPY) by nearly 1%. Year-to-date, about 30 SCHD holdings have more than doubled the returns of SPY, which has returned 9.8%. Additionally, 31 SCHD holdings are t...
Elevance Health and UnitedHealth Group, two of the largest U.S. health insurers, are set to report their second-quarter earnings this week. Investors and analysts are watching closely to see if these companies have maintained control over rising medi...
