UnitedHealth leads health insurers with strong Q1 earnings beat

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2▲3 ▼2Impact / 5
Summary · why it matters

UnitedHealth reported first-quarter revenues of $111.7 billion, up 2% year on year and exceeding analysts' expectations by 1.7%, with an impressive beat of full-year EPS guidance estimates. Among the 12 health insurance providers tracked, CVS Health delivered the biggest analyst estimate beat with revenues of $100.4 billion, up 6.2% year on year, while Progyny achieved the highest guidance raise and highest full-year guidance raise among its peers. Cencora fell short of expectations with revenues of $78.36 billion, and Molina Healthcare met revenue estimates but issued full-year revenue guidance that missed analysts' expectations. Overall, the group beat revenue consensus estimates by 1.4% and share prices have risen 41.9% on average since the latest earnings results.

Impact on assets 5

Health Care± Mixed
Cencora Inc.
COR
▼ NegativeDemandrelevance

Cencora fell short of revenue expectations with $78.36 billion.

CVS Health Corp
CVS
▲ PositiveDemandrelevance

CVS Health delivered the biggest analyst estimate beat with revenues of $100.4 billion, up 6.2% YoY.

Molina Healthcare Inc
MOH
▼ NegativeDemandrelevance

Molina Healthcare met revenue estimates but issued full-year revenue guidance that missed analysts' expectations.

Progyny Inc
PGNY
▲ PositiveDemandrelevance

Progyny achieved the highest guidance raise and highest full-year guidance raise among its peers.

Aging Population▲
UnitedHealth Group Incorporated
UNH
▲ PositiveDemandrelevance

UnitedHealth reported Q1 revenues of $111.7 billion, up 2% YoY, beating expectations by 1.7% and full-year EPS guidance estimates.