UnitedHealth Group expecting $360B in revenue next year

UnitedHealth Group expects 2023 revenues to be at least $357 billion.

The Minnetonka, Minn.-based healthcare giant shared ahead of its annual investor conference on Nov. 29 that it projects 2023 "revenues of $357 billion to $360 billion, net earnings of $23.15 to $23.65 per share, and adjusted net earnings of $24.40 to $24.90 per share."

Cash flows from operations are expected to be $27 billion to $28 billion.

As of Sept. 30, total revenues in 2022 are $241.4 billion, and the company has raised its year-end outlook to $324 billion. Total net earnings this year are $15.7 billion, an increase of 16.2 percent from $13.5 billion in 2021. In the third quarter alone, net earnings were $5.3 billion.

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