UnitedHealth: financial targets for 2020 and 2021
(CercleFinance.com) - At a conference for investors and analysts, UnitedHealth Group said it expects adjusted EPS for 2020 to be close to 16.
75 dollars, at the top of its latest target range (16.50-16.75 dollars), with revenues of approximately 257 billion dollars.
For 2021, the insurance and health services giant anticipates adjusted EPS of 17.75-18.25 dollars, revenues of 277-280 billion dollars, and cash flow from operations of 20-21 billion dollars.
UnitedHealth says that expected adjusted EPS for 2021 includes approximately a 1.80- dollar hit from Covid-19 related effects (treatment and testing costs, residual effects of deferral of care to 2020, unemployment and other economic factors).
The share is up over 1.5% in pre-market trading on Tuesday.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
75 dollars, at the top of its latest target range (16.50-16.75 dollars), with revenues of approximately 257 billion dollars.
For 2021, the insurance and health services giant anticipates adjusted EPS of 17.75-18.25 dollars, revenues of 277-280 billion dollars, and cash flow from operations of 20-21 billion dollars.
UnitedHealth says that expected adjusted EPS for 2021 includes approximately a 1.80- dollar hit from Covid-19 related effects (treatment and testing costs, residual effects of deferral of care to 2020, unemployment and other economic factors).
The share is up over 1.5% in pre-market trading on Tuesday.
Copyright (c) 2020 CercleFinance.com. All rights reserved.