Overview

• UnitedHealth reported Q1 adjusted earnings per share of $7.20, missing Wall Street’s expectations by 9 cents.
• Revenue for the quarter rose 9.5% year-over-year to $109.6 billion but fell short of analysts’ estimates of $111.6 billion.
• The company sharply reduced its full-year profit forecast to $24.65–$25.15 per share, down from the previous range of $29.50–$30.00.
• Rising medical costs pushed the medical-cost ratio to 84.8%, reflecting higher claims payouts and cost pressures.
• Shares dropped approximately 19% in premarket trading, erasing year-to-date gains and signaling investor concerns over profitability challenges.