00:00It's Benzinga, bringing Wall Street to Main Street.
00:02United L shares traded flat Monday as investors stayed cautious ahead of the company's second
00:06quarter earnings report due Tuesday, according to Benzinga.
00:09Analysts expect earnings per share of $4.63.
00:13Last quarter, United L missed estimates by $0.09,
00:15contributing to a year-over-year stock decline of over 50%.
00:18Investor focus remains on whether management will issue guidance,
00:21signaling a recovery in the second half of 2025.
00:24Concerns around reimbursement trends and regulation persists,
00:26despite a 9.8% revenue growth rate as of March 31st,
00:31and continue leadership in private insurance.
00:33J.P. Morgan maintains an outperform rating with a $373.50 price target,
00:38implying nearly 33% upside.
00:40Skepticism lingers after the first quarter earnings missed triggered a 22% share price drop.
00:46United L shares were down 0.16% and $281.55 in the time of writing, according to Benzinga Pro.
00:53For all things money, visit Benzinga.com.
Comments