UNITEDHELHELTH is no less than the expectations of the second quarter

United Holth missed profit expectations in the second quarter of Wall Street and offered an update and preserved the rest of 2025.

The healthcare giant said on Tuesday that he expects the medical costs, which affected the company and many competitors this year, to pressure its performance.

The insurance company says it now expects modified profits of at least $ 16 per share in 2025 after withdrawing its previous expectations for this year in May. The company started 2025 with preliminary expectations for modified profits of up to $ 30 per share.

For the whole year, analysts expect $ 20.64 profits per share, according to FactSet.

UNITEDHELHELH GROUP Inc. runs. One of the largest health insurance management companies and a pharmacy in the country. Eden Prairie runs, Minn. The growing company OPTUM that provides support for care and technology.

in May, The company withdrew Its expectations for 2025 were expected due to the higher medical costs of the expected and CEO Andrew Weii suddenly. He was replaced by President Stephen Hemsli, who was the CEO of UNITEDHELHELTH from more than a decade until 2017.

Hammessi Waad said in June that the June Holth will take the “wise” profit expectations for 2025 when they detailed results in the second quarter.

Hemsli also said that the company had reduced the care activity and cost trends, but improvements were made.

In the second quarter, United Holth told modified profits of $ 4.08 per share for $ 111.6 billion in revenue. Analysts expect $ 4.48 per share profits at $ 111.5 billion in revenue, according to FactSet.

Medical costs, to a large extent the company’s largest operational expenses, jumped by 20 percent to $ 78.6 billion in a quarter.

UNITEDHEALTH is usually the first health insurance company for each quarter. But this summer, this was followed by competitors such as Elevance Health Inc. And center corp. That reduced its annual expectations and presented disappointing results.

Several insurance companies say they have been exposed to medical costs that rise faster than expected. Companies have seen an increase in expensive emergency room visits and increased costs of prescribed medications, especially from expensive cancer treatments and genetic therapy.

They also saw a rise in behavioral health care, which includes treating mental health conditions and drug abuse disorders.

The shares fell by more than 3 percent to $ 272.51 before the opening bell on Tuesday.

This price reached $ 630 last November to reach the highest new level ever. But the stock has mostly made value since December, when the CEO of UNITEDHEALTHECARE Brian Thompson has been Shot In the center of Manhattan on his way to the company’s annual investor meeting.

The shares have decreased by 44 percent so far this year.