UnitedHealth Q4 2020 Earnings Report
Key Takeaways
UnitedHealth Group reported Q4 2020 revenues of $65.5 billion and net earnings per share of $2.30. The results were impacted by COVID-19 care costs and related assistance initiatives. The company affirmed its full year earnings outlook for 2021.
Full year revenues of $257.1 billion grew $15.0 billion or 6%, led by 21% at Optum.
Full year and fourth quarter net earnings per share of $16.03 and $2.30.
Full year and fourth quarter adjusted net earnings per share of $16.88 and $2.52.
Results reflect COVID-19 impacts and related assistance initiatives.
UnitedHealth
UnitedHealth
UnitedHealth Revenue by Segment
Forward Guidance
The Company affirmed its recently issued full year earnings outlook for 2021, including net earnings of $16.90 to $17.40 per share and adjusted net earnings of $17.75 to $18.25 per share. As previously discussed, this outlook includes approximately $1.80 per share in potential net unfavorable impact to accommodate continuing COVID-19 effects, such as: testing and treatment costs; the residual impact of people deferring care in 2020; and unemployment and other economy-driven factors.
Revenue & Expenses
Visualization of income flow from segment revenue to net income