UnitedHealth lands on Wall Street

(Boursier.com) — UnitedHealth , the American health insurance giant, stumbled 5% before the market on Wall Street, with operators mainly worried about rising expenses. The group nevertheless published a profit above market expectations for the fourth fiscal quarter, with adjusted earnings per share of $6.16 and revenues totaling $94.4 billion. The market consensus was for $5.98 earnings per share and $92.1 billion in revenue. Over the financial year, revenues increased by 15% to $371.6 billion, while operating profit increased by 14%. UnitedHealth finally reaffirmed its profit forecasts for 2024, expecting EPS ranging from $27.5 to $28.