UnitedHealth Stock Rises on Q3 Earnings Beat and Raised Guidance
UnitedHealth Group (UNH) shares surged 4% in pre-market trading following a stronger-than-expected third-quarter earnings report. The healthcare giant posted adjusted earnings of $2.92 per share, topping analyst estimates of $2.81, though down sharply from $7.15 a year earlier. Revenue climbed 12% year-over-year to $113.16 billion, slightly above consensus.
The company raised its full-year adjusted EPS guidance to at least $16.25, up from $16 previously. Analysts remain divided on the stock's outlook, with a Moderate Buy rating and $361.34 average price target implying modest downside potential.