UnitedHealth Group Reports Fourth Quarter and Full Year 2023 Financial Results

  • Revenues of $371.6 Billion Grew 15% Year-Over-Year
  • Earnings from Operations Grew 14%
  • Cash Flows from Operations were $29.1 Billion or 1.3x Net Income
  • Full Year and Fourth Quarter Net Earnings were $23.86 and $5.83 Per Share
  • Full Year and Fourth Quarter Adjusted Net Earnings were $25.12 and $6.16 Per Share

UnitedHealth Group (NYSE: UNH) reported full year and fourth quarter 2023 results reflecting broad-based growth at Optum and UnitedHealthcare.

“UnitedHealth Group enters 2024 well prepared to build on our efforts to improve patient care and consumer experiences broadly, and to continue delivering strong and balanced growth,” said Andrew Witty, chief executive officer of UnitedHealth Group.

UnitedHealth Group affirmed the 2024 performance objectives established at its November 29th Investor Conference, excluding the potential impacts from the pending sale of its Brazil operations, which is expected to close in the first half of 2024. Upon closing, the Company’s net earnings outlook will be impacted by the previously announced expected charge and the Company confirmed the adjusted earnings outlook presented at its Investor Conference.

Source link:https://www.unitedhealthgroup.com/

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