What To Expect From UnitedHealth’s Q3 Earnings

UnitedHealth (NYSE:UNH), the largest health insurer in the U.S., is scheduled to announce its third quarter earnings Tuesday, October 18. In the first six months of 2016, UnitedHealth reported robust earnings with revenues growing over 26% year-over-year (y-o-y) to $91 billion and operating income rising by 11.5% y-o-y to $6.2 billion. This was largely driven by solid performance of the company’s pharmacy services business, Optum. In terms of earnings, the company’s adjusted earnings grew about 15% to $3.77 per share.

We expect the company’s Optum division to carry the growth momentum forward, taking advantage of inter-division integration at UnitedHealth that allows Optum to offer services to customers of the company’s health insurance businesses. The company is expected to report revenues of $45.7 billion and earnings of about $2.14 per share in the upcoming Q3 results, per consensus estimates compiled by Reuters. 

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