UnitedHealth's stock slips as medical costs top expectations, but earnings beat
UNHUnitedHealth(UNH) Market Watch·2024-01-12 19:04

Shares of UnitedHealth Group Inc. UNH, +0.38% slipped 0.2% in premarket trading Friday, after the health insurer reported higher-than-expected fourth-quarter medical costs, but earnings that beat forecasts. Net income rose to 5.46billion,or5.46 billion, or 5.83 a share, from 4.76billion,or4.76 billion, or 5.03 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 6.16beattheFactSetconsensusof6.16 beat the FactSet consensus of 5.98. Revenue grew 14.1% to 94.43billion,wellabovetheFactSetconsensusof94.43 billion, well above the FactSet consensus of 92.13 billio ...