- UnitedHealth reported Q3 adjusted EPS of $4.69 versus $4.14 expected and revenue of $112.69 billion versus $111.40 billion expected, per LSEG consensus cited by CNBC.
- The company now expects FY26 adjusted earnings of at least $20.50 per share, up from a prior outlook of $19.50 to $20 per share.
- Seeking Alpha's summary lists the updated FY26 outlook as at least $19.50, which conflicts with CNBC's at least $20.50. The CNBC figure is the one quoted from the company's guidance update.
- Medical cost ratio came in at 88.4% for Q3 versus 89.9% expected, per StreetAccount, but the CFO said medical costs remain elevated versus historical norms.
- The CFO said the No Surprises Act independent dispute resolution process adds at least 100 basis points to total medical costs.
- Shares rose about 3% in premarket trading following the report.
Quotes
“continue to be elevated versus historical norms”
“I think it's something we should keep an eye on.”