HealthLeaders Media January 15, 2020
The insurer saw full year net earnings per share rise by 18%, according to its latest earnings report.
UnitedHealth Group finished its strong 2019 with robust year-end earnings, including full year revenues of $242 billion and net earnings per share (EPS) that rose by 18%.
The Minnetonka, Minnesota–based insurer posted an adjusted EPS of $15.11 for 2019, which the company expects to rise to a range between $16.25 and $16.55 per share in 2020.
UnitedHealth Group also reported full year cash flows from operations of $18.5 billion, up 17.5% year-over-year.
The company hit its revenue projection for 2019 and now expects to produce at least $260 billion in 2020, according to a series of presentations about UnitedHealth’s business strategies last month.