MINNETONKA, Minn. (AP) — UnitedHealth is reporting a fourth-quarter revenue of $2.21 billion, simply beating most expectations regardless of prices affiliated with the COVID-19 pandemic.
Per-share earnings had been $2.30, but when one-time prices and fees are taken into consideration, earnings from the Minnetonka, Minnesota, firm had been $2.52 per share.
That is effectively above the $2.39 that Wall Avenue had anticipated, in response to a survey of analysts by Zacks Funding Analysis.
Income on the largest U.S. well being insurer reached $65.47 billion, additionally surpassing forecasts.
UnitedHealth affirmed its full-year earnings expectations of between $17.75 and $18.25 per share. That projection features a per-share hit of about $1.80 because of rising prices from issues like testing and remedy for COVID-19, in addition to procedures which are being delay as a result of pandemic.
Shares of UnitedHealth Group Inc. are basically flat earlier than the opening bell.
A portion of this story was generated by Automated Insights (http://automatedinsights.com/ap) utilizing knowledge from Zacks Funding Analysis. Entry a Zacks inventory report on UNH at https://www.zacks.com/ap/UNH
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