US EditionUnitedHealth books better-than-expected fourth-quarter profit
- UnitedHealth posted a profit of $5.5 billion in the fourth quarter of 2024, exceeding expectations of $6.73 per share, as adjusted results totaled $6.81 per share.
- The company's revenue for the quarter was $100.81 billion, which fell short of Wall Street estimates of $101.76 billion.
- UnitedHealth's Medicaid enrollment dropped by about 400,000 people compared to the previous year, affecting its overall revenue.
- The company reaffirmed its 2025 adjusted profit forecast of $29.50 to $30.00 per share that was initially provided in December.
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Stock market today: Indexes slip after the best day for stocks since November
NYSE Traders working during the opening bell.JOHANNES EISELE/AFP via Getty ImagesUS stocks dipped Thursday after posting stellar gains on Wednesday.Stocks received a boost Wednesday from encouraging inflation data and strong earnings from big banks.Bank of America and Morgan Stanley rounded out the strong results before Thursday's opening bell.US stock indexes were slightly lower on Thursday after posting strong gains on Wednesday.The Dow Jones …
UnitedHealth Skids On Weak Revenue, Higher Costs
UnitedHealth beat fourth-quarter earnings forecast, though revenue fell short and medical costs ran high, hitting the Dow Jones component. The post UnitedHealth Earnings Beat But Soft Revenue, Higher Costs Hit UNH Stock appeared first on Investor's Business Daily.
Associated Press News
UnitedHealth books better-than-expected fourth-quarter profit
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
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