UnitedHealth Group (UNH) Offers FY23 and FY24 Guidance

November 28, 2023 4:18 PM EST

UnitedHealth Group (NYSE: UNH) issued financial guidance ahead of its annual Investor Conference which takes place on November 29, beginning at 8:00 a.m. ET.

UnitedHealth Group will introduce its 2024 outlook which includes revenues of $400 billion to $403 billion, net earnings of $26.20 to $26.70 per share and adjusted net earnings of $27.50 to $28.00 per share. Adjusted net earnings only excludes the after-tax non-cash amortization expense pertaining to acquisition-related intangible assets. Cash flows from operations are expected to range from $30 billion to $31 billion. As announced in the third quarter earnings release, UnitedHealth Group 2023 net earnings are expected to be $23.60 to $23.75 per share and adjusted net earnings $24.85 to $25.00 per share.

(Consensus sees FY23 EPS of $24.92 and FY24 EPS of $27.9 on revenue of $398.8 billion.

The Company will stream the Investor Conference presentation and management question-and-answer portion of this meeting on its Investor Relations page at Meeting materials and a replay of the conference will be available on the Investor Relations page.

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