Earnings Results
Stock is headed for its worst day since 1998 after insurer reports first quarterly earnings miss in years and slashes full-year outlook
Last Updated: April 17, 2025 at 10:50 a.m. ET
First Published: April 17, 2025 at 6:04 a.m. ET
Shares of UnitedHealth Group Inc. took a historic plunge Thursday after the health insurer slashed its full-year outlook and missed quarterly earnings expectations for the first time in years, citing increased care activity in its Medicare Advantage business.
Basically, a lot more seniors sought treatment than previously expected. The company started seeing the problem as the quarter closed in March, with increases being most notable in physician and outpatient services.
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