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BUZZ-UnitedHealth falls on fourth-quarter revenue miss, high medical costs

ReutersJan 16, 2025 2:45 PM

Updates

Shares of healthcare conglomerate UnitedHealth Group UNH.N fall 2.3% to $531 in early trade

Rival Elevance ELV.N down 2.1% and Cigna CI.N down 1.6%

UNH posts fourth-quarter revenue of $100.81 billion, below analysts' avg expectation of $101.76 billion - LSEG data

Revenue from premiums was $76.48 billion for the fourth quarter ended Dec. 31, missing analysts' estimate of $78.06 billion

UNH posted annual medical care ratio - the percentage of premiums spent on medical care - of 85.5%, worse than analysts' expectation of 84.96%

Co maintains its 2025 adjusted profit forecast of $29.50 to $30 per share

UNH fell ~4% in 2024

(Reporting by Bhanvi Satija and Puyaan Singh in Bengaluru)

((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))

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