CNBC's Bertha Coombs reports on the latest news regarding UnitedHealth.
UnitedHealth Group NYSE: UNH stock price is pulling back from highs set last year, presenting a healthy opportunity for investors. Although the outlook for revenue growth has dimmed, the company continues to grow, cost controls offset the weakness, and capital return remains robust.
While the top- and bottom-line numbers for UnitedHealth (UNH) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lance Wilkes, Bernstein senior equity analyst, joins 'Squawk Box' to discuss UnitedHealth's quarterly earnings results, state of the health insurance industry, claim denial rates, and more.
The government's payment rate directly impacts insurers' pricing, plan benefits and overall profitability.
UnitedHealth Group (UNH) came out with quarterly earnings of $6.81 per share, beating the Zacks Consensus Estimate of $6.71 per share. This compares to earnings of $6.16 per share a year ago.
UnitedHealth Group (UNH) shares fell 5% in premarket trading Thursday after the company reported fourth-quarter results that missed analysts' expectations.
On Thursday, UnitedHealth Group UNH reported the fourth-quarter 2024 earnings and reaffirmed 2025 guidance.
UnitedHealth Group Inc (NYSE:UNH, ETR:UNH) on Thursday reported the first results since the fatal shooting of Brian Thompson, the CEO of its insurance unit, in Manhattan in December, which shone a spotlight on the widespread ill-feeling towards the health insurance industry. Results for the fourth quarter of 2024 beat Wall Street expectations on the profit line despite being shy of revenue forecasts.
Adjusted per-share earnings in the fourth quarter for UnitedHealth top analysts' estimates but revenue comes up short.
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.
UnitedHealth Group reported $14.4 billion in 2024 profits including $5.5 billion in the fourth quarter as its portfolio of health insurance and provider services overcame rising medical expenses and an historic cyberattack on its businesses.