United Health stock jumps after earnings top estimates despite rising medical costs
- Quantung Pharmaceutical Export company
- Jul 17, 2023
- 1 min read
Updated: Jan 29, 2024
s stock price jumped Friday after the health-care conglomerate reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations despite rising medical costs.
The results eased investor concerns after the Minnesota-based company flagged a surge in demand for non-urgent surgeries and outpatient services last month and spooked the market.
Key Points
UnitedHealth Group’s stock price jumped after the health-care conglomerate reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations.
The company also raised the low end of its full-year adjusted earnings outlook.
The results eased investor concerns after UnitedHealth flagged a surge in demand for non-urgent surgeries and outpatient services last month.
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