UnitedHealth Group Raises FY2025 GAAP EPS Outlook To At Least $14.90 ($14.65 Prior) vs $14.86 Est

Benzinga · 10/28/2025 10:09
UNITEDHEALTH GROUP
RECONCILIATION OF NON-GAAP FINANCIAL MEASURE
(in millions, except per share data; unaudited)
 
Adjusted Net Earnings Per Share
             
    Three Months Ended 

September 30,
  Nine Months Ended 

September 30,
  Projected Year Ended 

December 31,
    2025   2024   2025   2024   2025
Net earnings attributable to UnitedHealth Group common shareholders   $2,348   $6,055   $12,046   $8,862   At least $13,600
Intangible amortization, net of tax (a)   302   322   927   937   ~1,225
South American impacts, net of tax (c)     13     8,282  
Direct response costs - cyberattack, net of tax (d)     261     1,307  
Adjusted net earnings attributable to UnitedHealth Group common shareholders   $2,650   $6,651   $12,973   $19,388   At least $14,825
                     
Diluted earnings per share   $2.59   $6.51   $13.21   $9.53   At least $14.90
Intangible amortization, net of tax, per share (b)   0.33   0.35   1.01   1.01   ~1.35
South American impacts, net of tax, per share (c)     0.01     8.90  
Direct response costs - cyberattack, net of tax, per share (d)     0.28     1.41  
Adjusted diluted earnings per share   $2.92   $7.15   $14.22   $20.85   At least $16.25