Market News

UNH Little Changed after Beating Earnings and Reaffirming Guidance

Shares of UnitedHealth Group (NYSE:UNH) are little changed today after it reported earnings for its fourth quarter of Fiscal Year 2022. UNH’s Adjusted Earnings per share came in at $5.34, which beat analysts’ consensus estimate of $5.17 per share.

UnitedHealth’s sales increased by 12.3% year-over-year, with revenue hitting $82.79 billion. This beat analysts’ target by $270 million.

Looking forward, management now expects revenue and adjusted earnings per share for Fiscal Year 2023 to be in the ranges of $357 billion to $360 billion and $24.40 to $24.90, respectively. For reference, analysts were expecting $356.17 billion in revenue along with an adjusted EPS of $24.95.

Overall, Wall Street analysts have a consensus price target of $602.64 on UNH stock, implying over 19% upside potential, as indicated by the graphic above.

Disclosure

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More