UnitedHealth(US:UNH) 贝塔投资智库·2025-07-29 04:14Core Viewpoint - UnitedHealth Group (UNH.US) is set to release its quarterly earnings report, which is considered a key indicator of the current state and future direction of the U.S. healthcare system [1][2] Group 1: Company Performance and Challenges - Over the past 12 months, UnitedHealth's stock price has dropped by more than 50%, resulting in a market value loss of nearly $270 billion [1] - The company has faced significant challenges, including disappointing earnings reports, ongoing issues with its Medicare Advantage business, and various internal and external pressures [1] - Following a major stock price drop of 27% in May after the company lowered its fiscal year guidance, there was a significant management shakeup, with Stephen Hemsley taking over as CEO [1][2] Group 2: Regulatory Scrutiny - UnitedHealth is currently cooperating with a criminal and civil investigation by the U.S. Department of Justice regarding its Medicare Advantage program, with allegations of potential healthcare fraud [1][2] - The company has firmly denied any wrongdoing and is committed to cooperating with the investigation [2] Group 3: Market Expectations and Future Guidance - Investors are particularly focused on how Hemsley will set the 2025 earnings guidance, which was previously estimated to be between $26 and $26.5 per share but has now been withdrawn [2][3] - Current market consensus for 2025 adjusted earnings per share is $20.64, with some analysts predicting a more pessimistic range of $18 to $20 [2] - The market is also looking for directional growth expectations for 2026, with a consensus of $24.01 per share, while some analysts estimate it to be around $21 [4]