UnitedHealth: Q4 Earnings Snapshot
By AP News
Published - Jan 12, 2024, 06:03 AM ET
Last Updated - Jan 12, 2024, 06:03 AM EST
MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — UnitedHealth Group Inc. (UNH) on Friday reported fourth-quarter earnings of $5.46 billion.
The Minnetonka, Minnesota-based company said it had net income of $5.83 per share. Earnings, adjusted for amortization costs, were $6.16 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $5.98 per share.
The largest U.S. health insurer posted revenue of $94.43 billion in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $92.06 billion.
