UnitedHealth Affirms 2015 EPS View; Sees 2016 Revenues Below View

(RTTNews) - UnitedHealth Group (UNH) said that, at its annual Investor Conference, it will affirm its outlook for net earnings of about $6.00 per share in 2015 and $7.10 to $7.30 per share in 2016.

Adjusting earnings to exclude non cash amortization expense pertaining to acquisition-related intangible assets, the company projects earnings of approximately $6.45 per share in 2015 and to be in a range of $7.60 to $7.80 per share in 2016. Analysts polled by Thomson Reuters expect the company to report earnings of $6.09 per share for fiscal year 2015, and $7.22 per share for fiscal year 2016. Analysts' estimates typically exclude special items.

Revenues for 2016 are projected to be in a range of $180 billion to $181 billion and cash flows from operations to be in a range of $9.5 billion to $10 billion. Wall Street expects revenues of $182.36 billion for fiscal year 2016.

The company will host its annual Investor Conference with analysts and institutional investors in New York City on Tuesday, December 1, 2015, beginning at 8:00 a.m. EST. At the meeting, senior leaders will discuss the Company's performance and outlook, including reviewing business trends and specific initiatives related to its various business units.