UnitedHealth Posts Solid Profit. Wall Street Wanted More.



UnitedHealth Group


kicked off insurance company earnings on Friday by sticking with its forecast for the full year, but Wall Street had higher expectations for profit. 

The healthcare giant said adjusted earnings for 2023 are projected to be in the range of $24.40 to $24.90. The consensus among analysts tracked by


FactSet


before Friday was $24.95 per share in earnings. Revenue is expected to be $357 billion to $360 billion, matching the forecast provided on Nov. 29, but beating analysts’ projections of $356.91 billion.