2024-04-10 11:00:56 ET
Summary
- UnitedHealth Group is set to release its Q1 2024 earnings report and business updates on April 16th.
- UNH stock has struggled for growth recently, facing downward pressure due to a cyberattack, Medicare Advantage rate cuts, antitrust probes, and increased scrutiny of the PBM sector.
- Despite these challenges, UnitedHealth's Optum businesses have shown strong growth and profitability, with double-digit revenue growth expected in the long term.
- Despite some difficult headwinds, UnitedHealth has positioned itself well to meet all challenges in 2024, and I am expecting a share price revival.
UnitedHealth Investment Overview
UnitedHealth Group Incorporated ( UNH ) expects to release its Q1 2024 earnings report plus business updates ahead of the market open next Tuesday, 16th April.
Until recently, UnitedHealth has been a wonderful business to be a shareholder in, long term - its share price rose in value in every year between 2009, to 2022, growing from ~$20 per share, to >$550 per share at its October 2022 peak....
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UnitedHealth Q1 2024 Earnings Preview: Headwinds Not Enough To Derail This Juggernaut