澳洲幸运5官方开奖结果体彩网

UnitedHealth Beats on Profit But Continues To Feel Effects of Cyberattack

UnitedHealth Group logo seen displayed on a smartphone w

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Key Takeaways

  • UnitedHealth Group's earnings exceeded forecasts as its Optum division added more patients and pharmacy customers.
  • Profit was negatively impacted by the continuing effects of a February cyberattack against its Change Healthcare division.
  • The company said the effect of the hack on full-year earnings would be more than previously estimated.

UnitedHealth Group (UNH) shares advanced Tuesday after the big health insurance provider pꦬosted better-than-expecte🀅d profit on higher revenue from its Optum health care unit, while adding that the costs associated with a February cyberattack would be greater than previously estimated.

The company reported second-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $6.80, more than anticipated. Revenue was up 6.4% year-over-year to $98.9 billion, in line with forecasts.

Revenue at the Optum division jumped 11.7% to $62.9 billion as it added more patients at Optum Heal🐟th and increased the n🏅umber of customers using its Optum Rx pharmacy service. 

Cyberattack Reduced EPS by $0.92

UnitedHealth noted that the cyberattack against its Change Healthcare division reduced EPS by $0.92, including $0.64 per share “to support direct response efforts such as the Change Healthcare clearinghouse platform restoration and increased medical 🌠care expenditures,” and $0.28 because of lost revenue and costs from the disruption of the business.

In February, the company announced that Change Healthcare’s information technology systems had been hit with "a suspected nation-state associated cyber security threat" that disrupted medical billing and care authorization portals.

UnitedHealth affirmed its full-year adjusted EPS outlook of $27.50 to $28.00 that it gave last November, even though the negative impact of the hack would be $0.60 to $0.70 per share, $0.30 more than its guidance of a $0.30 to $0.40 impact given in the first quarter.

UnitedHealth Group shares were up 5.9% to $545.65 as of 10:20 a.m. ET Tuesday to move into positive territory year-to-date.

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