UnitedHealth Reports on Oct. 13. Here's the 1 Number I'm Watching.
A profitability ratio will be critical to watch in the upcoming earnings report.
Overview
UnitedHealth Group (NYSE: UNH) will report its third-quarter financial results on Tuesday, Oct. 13, before the stock market opens.
As usual, investors will closely monitor the company's revenue and earnings per share and how those have changed from the same period a year ago. They'll also compare those figures to Wall Street's expectations for the quarter to see whether the giant insurer outperformed analysts' forecasts.
Details
But there's another critical number for UnitedHealth that I'll be looking at even more closely: the medical care ratio, which is the percentage of insurance premiums it took in that were paid out to settle claims. It is a key metric to assess a health insurer's profitability.
Source
Originally published at www.fool.com.