Summary
UnitedHealth Group (UNH) filed an 8-K on January 19, 2016, to report its fourth quarter and full year 2015 financial results, as announced in a press release. The filing highlights the company's performance and provides forward-looking guidance. A key focus for investors is the company's use of non-GAAP financial measures, which adjust for certain expenses to provide a clearer picture of operational performance. The press release details adjusted earnings per share (EPS) for both the fourth quarter and full year 2015, and provides projections for full year 2016 EPS. These adjusted figures exclude amortization of acquired intangible assets, and in some cases, losses related to individual exchange-compliant products and a state Medicaid contract. Investors should pay close attention to the provided GAAP figures and the reconciliations to understand the full financial picture.
Key Highlights
- 1UnitedHealth Group announced its Q4 and full year 2015 results via press release on January 19, 2016.
- 2The company is providing both GAAP and non-GAAP financial measures, including adjusted EPS.
- 3Adjusted EPS figures exclude amortization of acquired intangible assets.
- 4Certain adjusted EPS calculations also exclude losses from individual exchange-compliant products and a state Medicaid contract.
- 5Full year 2015 diluted EPS attributable to shareholders was $6.01.
- 6Projected full year 2016 diluted EPS is expected to be in the range of $7.10 to $7.30.
- 7Q4 2015 diluted EPS attributable to shareholders was $1.26.