{"id":39317,"date":"2025-08-02T06:04:26","date_gmt":"2025-08-02T06:04:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/39317\/"},"modified":"2025-08-02T06:04:26","modified_gmt":"2025-08-02T06:04:26","slug":"unitedhealth-group-tumbles-after-earnings-miss-new-guidance-underwhelms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/39317\/","title":{"rendered":"UnitedHealth Group tumbles after earnings miss, new guidance underwhelms"},"content":{"rendered":"<p class=\"css-fiuwhu\"><a class=\"inline-stock css-1iix00n\" href=\"https:\/\/robinhood.com\/us\/en\/stocks\/UNH\/?source=sherwood\" rel=\"nofollow noopener\" target=\"_blank\">UnitedHealth<\/a> slumped 5% in premarket trading after it reported second-quarter earnings that missed expectations along with disappointing full-year guidance, the latest blows after an tumultuous year for the insurance giant. <\/p>\n<p class=\"css-fiuwhu\">The company reported adjusted earnings per share of $4.08, compared to the $4.48 analysts polled by FactSet were expecting. It also reported revenue of $111.6 billion, a bit higher than the $111.5 billion analysts had anticipated. <\/p>\n<p class=\"css-fiuwhu\">The company also updated its guidance for the full year after pulling it last quarter. It now expects annual adjusted earnings of at least $16 per share, well short of the current consensus estimate for $20.64.<\/p>\n<p class=\"css-fiuwhu\">UnitedHealth attributed the profit squeeze to rising medical costs. <\/p>\n<p class=\"css-fiuwhu\">In April, the company said it expected to report adjusted 2025 earnings of between $26.00 and $26.50 per share. UnitedHealth pulled that guidance in May.<\/p>\n<p class=\"css-fiuwhu\">Shares are down more than 40% since the start of the year amid myriad travails for the healthcare industry in general and this insurer in particular.<\/p>\n<p class=\"css-fiuwhu\">Tuesday marks the company\u2019s first earnings report since it had a leadership shake-up. In May, its former CEO, Andrew Witty, left and was replaced with Stephen Helmsley, who led the company from 2006 through 2017. <\/p>\n<p class=\"css-fiuwhu\">The industry has been hit with rising costs of care, and UnitedHealth specifically has been hit with investigations into its Medicare Advantage practices. The company <a href=\"https:\/\/sherwood.news\/markets\/unitedhealth-says-its-working-with-feds-on-medicare-probe\/\" target=\"_blank\" class=\"css-uubm0\" rel=\"noopener nofollow\">disclosed<\/a> last week that it is cooperating with the Department of Justice on a probe relating to that side of its business.<\/p>\n<p class=\"css-fiuwhu\">Smaller insurance companies that rely heavily on government-sponsored programs \u2014 including <a class=\"inline-stock css-1iix00n\" href=\"https:\/\/robinhood.com\/us\/en\/stocks\/CNC\/?source=sherwood\" rel=\"nofollow noopener\" target=\"_blank\">Centene<\/a>, <a class=\"inline-stock css-1iix00n\" href=\"https:\/\/robinhood.com\/us\/en\/stocks\/MOH\/?source=sherwood\" rel=\"nofollow noopener\" target=\"_blank\">Molina Healthcare<\/a>, and <a class=\"inline-stock css-1iix00n\" href=\"https:\/\/robinhood.com\/us\/en\/stocks\/ELV\/?source=sherwood\" rel=\"nofollow noopener\" target=\"_blank\">Elevance Health<\/a> \u2014 have reported earnings in recent weeks that have disappointed Wall Street. <\/p>\n","protected":false},"excerpt":{"rendered":"UnitedHealth slumped 5% in premarket trading after it reported second-quarter earnings that missed expectations along with disappointing full-year&hellip;\n","protected":false},"author":2,"featured_media":39318,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[64,63,137,500],"class_list":["post-39317","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-au","tag-australia","tag-health","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/39317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=39317"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/39317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/39318"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=39317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=39317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=39317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}