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 Group (NYSE:UNH) disclosed a cyberattack on its tech unit last year, impacting the personal information of 190 million individuals, marking the largest healthcare data breach in U.S. history.
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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, UnitedHealthcare, which covers more than 49 million people in the United ...
UnitedHealth Group Inc. on Thursday posted higher earnings for the fourth quarter of 2024, but revenue fell short of Wall Street targets.
UnitedHealth Group reported bottom-line earnings that surpassed estimates despite regulatory challenges impacting revenue.
The company said Thursday that Tim Noel will be CEO of UnitedHealthcare, replacing Brian Thompson, who was killed in New York City in December.
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 ...
On the post-earnings call with analysts, Chief Executive Andrew Witty addressed the recent public backlash over high drug costs and transparency of coverage, particularly following killing of Brian Thompson, who headed the company's UnitedHealthcare unit. See: FTC takes fresh swipe at drug middlemen, says some prices marked up over 1,000%.
UnitedHealth Group’s stock sinks after profit beat expectations but revenue missed for the first time in more than four years.
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