UnitedHealth Group (UNH) Tops Q4 EPS by 12c, Revenues Beat; Offers FY21 EPS Guidance

UnitedHealth Group (NYSE: UNH) reported Q4 EPS of $2.52, $0.12 better than the analyst estimate of $2.40. Revenue for the quarter came in at $65.5 billion versus the consensus estimate of $65.14 billion.

• Full Year Revenues of $257.1 Billion Grew $15.0 Billion or 6%, led by 21% at Optum
• Full Year and Fourth Quarter Net Earnings Per Share of $16.03 and $2.30
• Full Year and Fourth Quarter Adjusted Net Earnings Per Share of $16.88 and $2.52
• Results Reflect COVID-19 Impacts and Related Assistance Initiatives

“I couldn’t be prouder of the more than 325,000 women and men of this enterprise for their role in advancing a higher performing health system during these times of unprecedented challenges,” said David S. Wichmann, chief executive officer of UnitedHealth Group. “We are grateful for the human spirit and resolve of our people, including our 125,000 clinicians who, with other frontline health care workers, demonstrated extraordinary collaboration, compassion and innovation.”

GUIDANCE:

UnitedHealth Group sees FY2021 EPS of $17.75-$18.25, versus the consensus of $18.18.

The Company affirmed its recently issued full year earnings outlook for 2021, including net earnings of $16.90 to $17.40 per share and adjusted net earnings of $17.75 to $18.25 per share. As previously discussed, this outlook includes approximately $1.80 per share in potential net unfavorable impact to accommodate continuing COVID-19 effects, such as: testing and treatment costs; the residual impact of people deferring care in 2020; and unemployment and other economy-driven factors.

For earnings history and earnings-related data on UnitedHealth Group (UNH) click here.

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