UnitedHealth earnings beat estimates as company again raises guidance

UnitedHealth Group Inc. UNH, +2.16% posted better-than-expected earnings for the third quarter on Friday and again raised its full-year guidance.

The company raised its full-year adjusted earnings guidance to a range of $24.85 to $25.00 per share, compared with a FactSet consensus of $24.83. On a call with analysts Friday, UnitedHealth faced several questions about coverage of popular diabetes and weight-loss drugs such as Ozempic and Wegovy. “We’re struggling, and frankly our clients are struggling, with the list prices which have been demanded on these products in the U.S.,” UnitedHealth CEO Andrew Witty said on the call.

Even as the executives were speaking, Novo Nordisk NVO, +2.15% boosted its full-year 2023 profit and sales outlook, citing heightened expectations for Ozempic and Wegovy sales.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UnitedHealth Q3 earnings beat estimates as company again raises guidanceCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

UnitedHealth higher after Q3 earnings beat, 2023 profit outlook boostDow component UnitedHealth topped third quarter earnings forecasts and lifted the lower-end of its prior forecast for full-year profits.
مصدر: startelegram - 🏆 248. / 63 اقرأ أكثر »

Stocks slip lower, JPMorgan, UnitedHealth, Wells Fargo earnings in focus, Oil surgesStocks lower, JPMorgan, UnitedHealth, Wells Fargo, Oil surge
مصدر: startelegram - 🏆 248. / 63 اقرأ أكثر »