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UnitedHealth forecasts 2022 profit below estimates

11/29/2021 | 04:27pm EST

Nov 29 (Reuters) - UnitedHealth Group Inc said on Monday it expects to record adjusted profit of $21.10 to $21.60 per share in 2022, below Wall Street estimates, amid expectations of continued pressure on its medical costs due to the COVID-19 pandemic.

Analysts on average expect the U.S. health insurer to record adjusted profit per share of $21.65, according to Refinitiv IBES data.

The company is expected to provide further details on its 2022 estimates during its annual investor conference on Tuesday.

(Reporting by Manojna Maddipatla and Rithika Krishna in Bengaluru; Editing by Krishna Chandra Eluri)


ę Reuters 2021
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