UnitedHealth lowers annual profit forecast on higher costs
Reuters04-17
UnitedHealth lowers annual profit forecast on higher costsApril 17 (Reuters) - UnitedHealth Group UNH.N lowered its annual profit forecast on Thursday as steady demand for healthcare-related services from patients is expected to keep medical costs high for the remainder of the year.
The company now expects 2025 adjusted profit per share to be between $26 and $26.50 per share, compared with its prior forecast of $29.50 to $30 per share. Analysts were expecting a profit of $29.73 per share for 2025, according to data compiled by LSEG.
(Reporting by Bhanvi Satija and Sriparna Roy in Bengaluru, Amina Niasse in New York; Editing by Anil D'Silva)
((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91 9873062788;))
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