UnitedHealth Group (UNH) Updates Business Outlook for FY22 and FY23

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 revenues for 2022 are now expected to be approximately $324 billion. Net earnings are expected to be $20.85 to $21.05 per share and adjusted net earnings of $21.85 to $22.05 per share, as announced in the third quarter earnings release. Adjusted net earnings only excludes the after-tax non-cash amortization expense pertaining to acquisition-related intangible assets.

UnitedHealth Group will also introduce its 2023 outlook which includes revenues of $357 billion to $360 billion, net earnings of $23.15 to $23.65 per share, and adjusted net earnings of $24.40 to $24.90 per share. Cash flows from operations are expected to range from $27 billion to $28 billion.

(Consensus sees FY22 EPS of $22.03 on revenue of $323 billion and FY23 EPS of $24.94 on revenue of $352.4 billion)

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

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