UNH figures are out. Increase in revenue, huge drop in earnings.
Posted: Jan 16, 2025
- Revenues for UnitedHealth ($UNH) reached 400 billion USD, up 7.8% from 2023
- However, earnings for UnitedHealth ($UNH) were down 35.6% from 2023
- The post is asking who has puts on UnitedHealth ($UNH)stocks
- UnitedHealth Group reported record revenue of $400.3 billion for 2024, up 7.8% from 2023
- Annual net earnings totaled $14.4 billion, down 35.6% from 2023 due to a cyber attack
- Fourth quarter revenue increased 6.8% to $100.8 billion
- UnitedHealth Group's medical care ratio rose to 85.5% in 2024
- UnitedHealth Group reaffirmed its 2025 outlook with projected revenue of $450 billion to $455 billion
- Shares fell more than 3% in pre-market trading, down about 11% since the killing of CEO Brian Thompson
- UnitedHealthcare division revenue totaled $298.2 billion for 2024, up 6% from 2023
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - While some comments are bullish on $UNH in the long term, pointing to strong financials and analyst ratings, there is strong negative sentiment due to UNH's business practices. This results in mixed opinions with a generally negative lean. Summarized comments: - Commenters note a 30% drop in earnings year-over-year and a stock drop of only 4%, describing the market's reaction as mature. - There are sentiments against UNH due to their business practices with references to denial of treatments. - Some plan to buy on the dip citing strong long-term financials and analyst ratings of buy/strong buy. - Cybersecurity costs are mentioned as a reason for lowered earnings. - Some users are happy about avoiding calls on UNH. - There is mention of broader investment in healthcare ETF $XLV. Stock tickers discussed: $UNH
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