Elevance Health Stock Falls After Earnings. What It Means for UnitedHealth, Other Insurers. - Barron's
1. Elevance Health cuts guidance, expects 2025 earnings of $30 per share. 2. Stock fell 9.81% post-earnings report amid rising medical costs. 3. Medical cost ratio increased to 88.9%, higher than analyst expectations. 4. Second-quarter earnings fell short of predictions at $8.84 per share. 5. Rival Centene withdrew guidance, reflecting industry-wide challenges.