UnitedHealth Group reported better-than-expected profits for the fourth quarter of 2024 but missed revenue targets due to challenges such as Medicare funding cuts and a decline in Medicaid enrollment. The company's shares dropped in early trading on Thursday following the release of its first financial report since the shooting of one of its executives in New York City.
UnitedHealth posted a better-than-expected profit in the final quarter of 2024, but revenue fell short as challenges like Medicare funding cuts and a Medicaid enrollment drop hurt.
UnitedHealth earned $5.5 billion in the quarter, as adjusted results totaled $6.81 per share. The company's revenue came in at $100.8 billion.
HEALTHCARE PROFITS REVENUE UNITEDHEALTH INVESTORS
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