UnitedHealth, Largest Stock in Dow Jones, Surpasses Q3 Estimates with $7.15 EPS and $100.82 Billion Revenue

Oct 15, 2024, 09:57 AM

UnitedHealth Group Incorporated (UNH), the largest stock in the Dow Jones, reported its third-quarter 2024 earnings, surpassing market expectations. The company posted an adjusted EPS of $7.15, exceeding the estimated $6.99. Revenues for the quarter reached $100.82 billion, also above the forecasted $99.16 billion. Despite the strong performance, UnitedHealth has trimmed its full-year 2024 guidance to a range of $27.50 to $27.75 per share, down from the previous range of $27.50 to $28.00. This adjustment accounts for an estimated $0.75 per share impact due to business disruptions affecting Change Healthcare services.