Can UnitedHealth’s Earnings Help Stock (UNH) Turn a Corner?
UnitedHealth Group heads into its second-quarter earnings with the stock price (NYSE: UNH) having been cut in half over the past 12 months. With earnings due tomorrow, before the market opens, those looking to make any moves on UNH are eagerly looking at what markets might be looking for from the beleaguered firm.
Analysts anticipate an EPS of $4.49 and revenue of $111.59 billion for the second quarter. These expectations reflect a cautious outlook, acknowledging the challenges the company faces.
Whilst the EPS is expected to narrow substantially from the $6.80 hit in the same period last year, revenue is expected to come in at a sales growth rate of 12.8%. Improved revenue, albeit with a narrower profit margin.
