UnitedHealth’s quarter profit grew by 13% and surpassed the forecasts

The biggest US company in the field of health insurance UnitedHealth Group reported by the end of Q2 about the net profit growth by 13% to $3,29 bn compared to the same quarter of 2018. Adjusted profit was at the level of 3,6 dollars for a stock while analytics’ forecast was 3,45 dollars for a stock. Revenues were $60,6 billions raised up by 8% year-by-year. The company increased its profitability to 5,4% from 5,2% a quarter before. The number of insured customers grew up by 705 thousands of people in annual terms. The insurance business increased its revenues by $2,8 billions. The technology and consulting services business in the field of health insurance fixed a growth of this value by $3,3 billions. The capitalization of American insurer was $253,4 billions grown up by 7% since this year had started.

 

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