Adjusted per-share earnings in the fourth quarter for UnitedHealth top analysts’ estimates but revenue comes up short.
In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
UnitedHealth posted a better-than-expected profit in the final quarter of 2024, but revenue fell short as challenges like Medicare funding cuts and a Medicaid enrollment drop hurt. Shares of the health care giant slid early Thursday after it released its first financial report since the brazen shooting of one of its executives outside a New York City hotel touched a national nerve and brought to the surface American frustration over health care access.
UnitedHealth Group Inc. on Thursday posted higher earnings for the fourth quarter of 2024, but revenue fell short of Wall Street targets.
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UnitedHealth Group reported bottom-line earnings that surpassed estimates despite regulatory challenges impacting revenue.
Andrew Witty, UnitedHealth Group’s CEO, defended the company ... $6.73 per share on $101.6 billion in earnings, according to FactSet. Though the flurry of social media criticism has moderated ...
Analysts expected earnings of $6.73 per share on $101.6 billion in revenue, according to the data firm FactSet. UnitedHealth Group Inc. operates the nation’s largest health insurer ...
The company said Thursday that Tim Noel will be CEO of UnitedHealthcare, replacing Brian Thompson, who was killed in New York City in December.
Shares of Elevance Health were gaining after the health insurer turned in a strong quarter and increased its quarterly dividend. Elevance Health stock rose 4.4% to $408.03 in premarket trading Thursday.
JPMorgan posts record profits, Lululemon raises guidance, Cogeco kickstarts three-year plan, and UnitedHealth beats expectations.
Elevance Health Inc.'s stock rose 2% Thursday and boosted other health-insurance stocks after the company delivered better-than-expected earnings and forecast growth for 2025, easing investor concerns after a big miss in the third quarter.