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UnitedHealth Group (UNH) shares plummeted 20% in premarket trading after its first-quarter earnings missed analysts' expectations. The company reported adjusted EPS of $7.20 on $109.58 billion in revenue, below the anticipated $7.25 and $111.46 billion, respectively. UNH also lowered its 2025 EPS outlook due to increased Medicare Advantage activity and changes in Optum Health member profiles. CEO Andrew Witty acknowledged the company's underperformance and vowed to address the challenges.

Prepared by Christopher Adams and reviewed by editorial team.