UnitedHealth: Q4 EPS exceeds estimates
(CercleFinance.com) - US insurance and health services giant UnitedHealth Group reported Q4 2019 adjusted EPS that is up 19% at 3.
90 dollars, beating analysts' estimates by 12 cents.
Operating profit increased 13% to 5.1 billion dollars, while revenue rose 4.2% to 60.9 billion dollars, driven by both its insurance subsidiary UnitedHealthcare and its services subsidiary Optum.
Having reported FY adjusted EPS that is up 17% at 15.11 dollars, this exceeded its last target range of 14.90 dollars to 15 dollars, UnitedHealth Group confirms that it expects EPS to be between 16.25 dollars and 16.55 dollars for 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
90 dollars, beating analysts' estimates by 12 cents.
Operating profit increased 13% to 5.1 billion dollars, while revenue rose 4.2% to 60.9 billion dollars, driven by both its insurance subsidiary UnitedHealthcare and its services subsidiary Optum.
Having reported FY adjusted EPS that is up 17% at 15.11 dollars, this exceeded its last target range of 14.90 dollars to 15 dollars, UnitedHealth Group confirms that it expects EPS to be between 16.25 dollars and 16.55 dollars for 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.