UnitedHealth Reaffirms Full Year 2024 Adjusted EPS Of $27.50-$28.00 Versus Consensus Of $27.53
Portfolio Pulse from Benzinga Newsdesk
UnitedHealth has reaffirmed its full-year 2024 adjusted EPS forecast to be in the range of $27.50-$28.00, aligning closely with the consensus estimate of $27.53. This outlook excludes direct response costs and the impact of the Brazil sale but includes an estimated $0.30 to $0.40 per share impact from business disruptions related to Change Healthcare services.

April 16, 2024 | 10:06 am
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UnitedHealth reaffirms its 2024 adjusted EPS guidance, closely matching analyst expectations despite expected disruptions from Change Healthcare services.
Reaffirming the EPS guidance, especially when it aligns with consensus estimates, typically instills confidence in investors about the company's financial health and operational stability. The inclusion of expected disruption costs from Change Healthcare services in the guidance demonstrates transparency and may mitigate negative reactions from investors. However, the exclusion of direct response costs and the Brazil sale impact could mean that the actual financial performance might vary, but the company's confidence in meeting its targets likely outweighs these concerns in the short term.
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