BUZZ-UnitedHealth falls on fourth-quarter revenue miss

Reuters
16 Jan
BUZZ-UnitedHealth falls on fourth-quarter revenue miss

** Shares of healthcare conglomerate UnitedHealth Group UNH.N declined over 5% to $515.75 in premarket trade

** Rivals Elevance ELV.N, CVS Health CVS.N, Humana HUM.N, Cigna CI.N also down between 2% and 3.6% premarket

** 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 in Bengaluru)

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

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