UnitedHealth Group, Inc. (UNH) has announced a significant increase in its fourth-quarter earnings compared to the previous year, surpassing Wall Street analysts' expectations. The company reported a net income of $5.543 billion, equivalent to $5.98 per share, an improvement from last year's $5.455 billion or $5.83 per share. When excluding certain items, the adjusted earnings rose to $6.311 billion, or $6.81 per share.
Analysts had projected earnings of $6.74 per share, according to data from Thomson Reuters, typically excluding special items in their calculations.
Additionally, UnitedHealth Group's revenue for the quarter experienced a 6.8% growth, reaching $100.807 billion, up from $94.427 billion in the previous year.
A summary of UnitedHealth Group's fourth-quarter financial performance under Generally Accepted Accounting Principles (GAAP) is as follows:
- Earnings: $5.543 billion, compared to $5.455 billion last year.
- Earnings Per Share (EPS): $5.98, up from $5.83 last year.
- Revenue: $100.807 billion, rising from $94.427 billion last year.
