UnitedHealth forecasts 2025 profit of up to $30 per share

(Reuters) -UnitedHealth Group expects its 2025 adjusted profit to be as much as $30 per share, CEO Andrew Witty said on Tuesday, setting the upper end of the health insurer’s forecast below Wall Street estimates.

Analysts on average expect an adjusted profit of $31.18 per share, according to LSEG data.

Witty said the company planned to set the forecast conservatively.

UnitedHealth (NYSE:) shares fell 8% in premarket trading after the announcement.