Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Equities

United Health Q2 2024 Earnings Summary

by Team Lumida
July 16, 2024
in Equities
Reading Time: 2 mins read
A A
0
United Health Q2 2024 Earnings Summary

Source: United Healthcare

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Beats Earnings by ~2% & Matches Revenue expectations

Total Revenue: ~$98.9 Bn, up 6.5% YoY, down 1% QoQ

Net Income: $4.42 Bn, down 22% YoY, up 17% QoQ

Shares down ~1% after results

Key Takeaways:

The cyberattack impacted services and operations, resulting in $1.1Bn in business disruption impacts

Revised net profit forecast for 2024 to $15.95 – $16.40 per share due to the cyberattack and the classification to held for sale of its South American operations

Operating cost ratio improved to 13.3%

CEO Andrew Witty on Company Resilience:

“Our team’s dedication to ensuring high-quality, affordable care continues to drive our growth despite the challenges from the Change Healthcare cyberattack. We remain focused on managing these disruptions effectively and supporting our care providers.”

Tags: $UNHEARNINGSHealthcareManaged CareUnitedHealth
Previous Post

US Consumer Sentiment Plummets to Eight-Month Low

Next Post

Bank of America Q2 2024 Earnings Summary

Recommended For You

Xero Acquires Melio for $2.5 Billion to Boost U.S. Revenue Growth

by Team Lumida
9 hours ago
Xero Acquires Melio for $2.5 Billion to Boost U.S. Revenue Growth

Key Takeaways: Powered by lumidawealth.com Xero, a New Zealand-based accounting software provider, is acquiring U.S. bill-pay platform Melio for an initial $2.5 billion*, marking its largest acquisition to date....

Read more

Lululemon Cuts Profit Outlook as Tariffs Threaten Margins, Shares Drop 14%

by Team Lumida
3 weeks ago
Lululemon Earnings Preview: What to Expect from the Athleisure Giant

Key Takeaways: Powered by lumidawealth.com Lululemon lowered its full-year profit outlook to$14.58$14.78 per share, down from$14.95$15.15, citing potential U.S. tariffs on products sourced from Vietnam, Cambodia, and Sri Lanka....

Read more

Corporate Pension Funds Shift Strategies Amid Full Funding, Impacting Bonds and Private Equity

by Team Lumida
3 weeks ago
a computer screen with a bunch of data on it

Key Takeaways: Powered by lumidawealth.com Corporate pension funds, with over $3 trillion in assets, have reached a healthier financial state, with the largest 100 U.S. corporate pensions achieving a...

Read more

Costco Mitigates Tariff Impact Through Strategic Sourcing and Order Advancements

by Team Lumida
4 weeks ago
Costco Mitigates Tariff Impact Through Strategic Sourcing and Order Advancements

Key Takeaways: Powered by lumidawealth.com Costco is reducing tariff exposure by pulling orders forward and shifting private-label product sourcing to regions where they are sold, helping to control costs...

Read more

Salesforce Raises Full-Year Sales Outlook as AI Drives Growth

by Team Lumida
4 weeks ago
Salesforce Raises Full-Year Sales Outlook as AI Drives Growth

Key Takeaways: Powered by lumidawealth.com Salesforce’s Q1 revenue rose 8% year-over-year to $9.83 billion, beating Wall Street expectations of $9.75 billion. Adjusted earnings per share were $2.58, exceeding the...

Read more

Global Markets Mixed as Investors Await Nvidia Earnings and Monitor Rising Bond Yields

by Team Lumida
4 weeks ago
Global Markets Mixed as Investors Await Nvidia Earnings and Monitor Rising Bond Yields

Key Takeaways: Powered by lumidawealth.com U.S. stock futures pointed to a slightly weaker open, with the S&P 500 futures down 0.1% and Nasdaq futures flat ahead of Nvidia’s earnings...

Read more

Markets Hold $7 Trillion in Cash Ahead of Nvidia Earnings, Eyeing AI Demand

by Team Lumida
4 weeks ago
Nvidia CEO Reveals Secrets Behind AI Domination Amidst Fierce Competition

Key Takeaways: Powered by lumidawealth.com Investors have $7 trillion parked in cash funds, creating significant potential for a rally if Nvidia’s earnings report meets or exceeds expectations. Institutional exposure...

Read more

Cisco Raises Revenue Outlook After Posting Strong Q3 Results Driven by AI and Networking Demand

by Team Lumida
1 month ago
Cisco Raises Revenue Outlook After Posting Strong Q3 Results Driven by AI and Networking Demand

Key Takeaways: Powered by lumidawealth.com Cisco Systems increased its fiscal year revenue forecast to $56.5 billion–$56.7 billion, up from $56 billion–$56.5 billion, surpassing analyst expectations of $56.4 billion. Fiscal...

Read more

Siemens Exceeds Expectations with Strong Industrial Growth, Revenue Up 7%

by Team Lumida
1 month ago
Siemens Exceeds Expectations with Strong Industrial Growth, Revenue Up 7%

Key Takeaways: Powered by lumidawealth.com Siemens reported a 7% revenue increase to €19.76 billion for Q2, beating analyst expectations of €19.22 billion. Net profit rose to €2.25 billion, surpassing...

Read more

Sony Projects 13% Profit Decline Amid U.S. Tariff Impact Despite Strong Quarterly Earnings

by Team Lumida
1 month ago
black nikon dslr camera lens

Key Takeaways: Powered by lumidawealth.com Sony’s fourth-quarter net profit rose 4.6% year-over-year to ¥197.73 billion ($1.34 billion), beating analyst expectations, driven by strong performance in its music and movie...

Read more
Next Post
a bank of america logo on a white dice

Bank of America Q2 2024 Earnings Summary

PNC Financial Services Q2 2024 Earnings Summary

PNC Financial Services Q2 2024 Earnings Summary

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Fed Official Warns of Inflation Risks Under Trump Presidency

Trump’s Team Prepares Alternative Tariff Strategy Amid Legal Challenges

May 30, 2025
Crypto Exchange Kraken Explores Nuclear Power

Crypto Exchange Kraken Explores Nuclear Power

July 5, 2024
Japan’s GPIF Falls Behind Norway Amid Currency Woes

Japan’s Inflation Hits New Highs: Is a Rate Hike Imminent?

July 19, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018