With earnings season in gear,S&P Global Market Intelligence presents a snapshot of recently reported financialresults for companies in the insurance space.
second-quarter earnings fromoperations of $3.20 billion, up from $2.90 billion in the prior-year quarter.
Net earningsattributable to UnitedHealth Group common shareholders for the quarter were $1.75billion, or $1.81 per share, an increase from $1.59 billion, or $1.64 per share,in the year-ago quarter.
Adjustednet earnings for the second quarter were $1.89 billion, or $1.96 per share, up from$1.67 billion, or $1.73 per share, in the prior-year period.
The S&PCapital IQ consensus normalized EPS estimate for the quarter was $1.89.
UnitedHealth said it narrowed its outlook for 2016 GAAP net earningsto between $7.25 per share and $7.40 per share and adjusted net earnings to a rangeof $7.80 per share to $7.95 per share. The company previously expected adjusted EPS of between$7.75 and $7.95 for 2016.
The S&P Capital IQ consensus normalized EPS estimate for 2016 is$7.88.
MGIC Investment Corp. reported second-quarter net income of $109.2 million, or26 cents per share, down from $113.7 million, or 28 cents per share, in the prioryear-quarter.
TheS&P Capital IQ consensus GAAP EPS estimate for the quarter was 20 cents.
reported second-quarternet income of $153.4 million, or $1.70 per share, compared with $9.5 million, or10 cents per share, in the second quarter of 2015.
Operatingincome was $82.7 million, or 91 cents per share, compared with $25.8 million, or27 cents per share, a year earlier.
The S&PCapital IQ consensus normalized EPS estimate for the quarter was 38 cents.
reported second-quarter net earnings of $29.1 million, or65 cents per share, compared with $37.2 million, or 84 cents per share, in the year-agoperiod.
Operatingearnings for the quarter were of $27.3 million, or 61 cents per share, comparedwith $34.1 million, or 77 cents per share, in the second quarter of 2015.
The S&PCapital IQ consensus normalized EPS estimate for the quarter was 60 cents.