BUZZ-Health insurers gain after Elevance beats quarterly profit estimates

Reuters
01-23
BUZZ-Health insurers gain after Elevance beats quarterly profit estimates

** Shares of some U.S. health insurers gain in premarket trade after Elevance ELV.N beat Q4 profit estimates

** ELV up 5% at $410.20, UnitedHealth Group UNH.N up 1.4% at $527, CVS Health Corp CVS.N up 2.6% at $53.70, Centene CNC.N up 1.5% at $64.50, Cigna CI.N up 2.4% at $296 and Humana HUM.N up 2.2% at $291.25

** ELV profit beat was partly helped by lower-than-expected spending on medical care for its members

** ELV reports Q4 adj. profit of $3.84 per share vs. estimates of $3.80 per share, as per LSEG data

** Expects, however, medical loss ratio — the percentage of premiums spent on medical care - to be 89.1%, above or below 50 basis points for 2025, compared with analysts' avg. expectations of 88.73%

** Health insurers have been battling with higher medical costs over the past few quarters

** ELV fell ~23%, UNH down 6.2%, CVS slipped 44.4%, CNC fell 21.2%, CI down 10.9%, HUM fell ~46% in 2024

(Reporting by Kamal Choudhury and Sneha S K in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10