UnitedHealth Q3 Earnings: Revenue And EPS Beat, Revises Annual Profit Guidance As Change Healthcare Cyberattack Still Bites
Portfolio Pulse from Vandana Singh
UnitedHealth Group reported strong Q3 2024 earnings, with revenue and EPS beating expectations. However, the company lowered its annual EPS guidance due to impacts from a cyberattack on Change Healthcare. Despite revenue growth, the stock is down 3.70% in premarket trading.
October 15, 2024 | 11:36 am
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UnitedHealth Group reported better-than-expected Q3 earnings but lowered its annual EPS guidance due to cyberattack impacts on Change Healthcare. Despite revenue growth, the stock is down 3.70% in premarket trading.
UnitedHealth's Q3 earnings beat expectations, but the lowering of the annual EPS guidance due to cyberattack impacts is a negative signal. The stock's premarket decline of 3.70% reflects investor concerns over these impacts.
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