UNH Stock Plummets Following Downgrade of 2024 and 2025 Earnings Guidance

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Oct 15, 2024
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Shares of UnitedHealth Group (UNH, Financial) experienced a significant decline during early trading, following the health insurance giant's announcement of a downward revision to its 2024 earnings forecast. The company also issued 2025 guidance that fell short of analysts' expectations.

UnitedHealth Group stated that the upper limit of its adjusted earnings per share forecast for 2025 is approximately $30. This is below the analysts' average expectation of $31.16 per share for the same period. As a result, the stock dropped as much as 11% before the U.S. market opened.

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