Shares of UnitedHealth Group Inc. $(UNH)$ took a 9.4% dive in premarket trading Thursday, after the health insurer slashed its full-year outlook, citing increased care activity in its Medicare Advantage business as the first quarter ended.
The now expects 2025 adjusted earnings per share, which excludes nonrecurring items, of $26 to $26.50, down from a previous guidance range of $29.50 to $30.
The company also reported first-quarter adjusted EPS that rose to $7.20 from $6.91 a year ago, to miss the average analyst EPS estimate compiled by FactSet of $7.29.
Total revenue for the quarter grew 9.8% to $109.58 billion, below the FactSet consensus of $111.58 billion.
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-Tomi Kilgore
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April 17, 2025 06:04 ET (10:04 GMT)
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