UnitedHealth Group (UNH) to Update on FY16 Outlook at Investor Conference
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Revenue Growth %: +8.6%
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Basic net earnings per common share: 2.07
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UnitedHealth Group (NYSE: UNH) will host its annual Investor Conference with analysts and institutional investors in New York City on Tuesday, December 1, 2015, beginning at 8:00 a.m. EST. At the meeting, senior leaders will discuss the Company’s performance and outlook, including reviewing business trends and specific initiatives related to its various business units.
The Company will host a webcast of the presentation and management question and answer portions of this meeting and will make a digital package of conference materials available on its Investors page at www.unitedhealthgroup.com. A replay of the conference will be available on the Company web site through January 7, 2016.
In conjunction with the meeting, the Company will affirm its outlook for net earnings of approximately $6.00 per share in 2015 and $7.10 to $7.30 per share in 2016. Revenues for 2016 are projected to be in a range of $180 billion to $181 billion and cash flows from operations to be in a range of $9.5 billion to $10 billion.
Adjusting earnings to exclude non cash amortization expense pertaining to acquisition-related intangible assets, the Company projects earnings of approximately $6.45 per share in 2015 and to be in a range of $7.60 to $7.80 per share in 2016.
*** The Street sees FY15 EPS of $6.09 and FY16 EPS of $7.22. The Street also sees FY16 revenue of $182.4 billion.
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