UNH Tops Q3 Earnings on Lower Medical Costs, Raises '26 Outlook

UnitedHealth Group (UNH) reported Q3 2026 adjusted EPS of $4.69, beating estimates by 13.8% with a 60.6% year-over-year increase. The company improved its medical care ratio to 88.4% and raised its 2026 adjusted EPS guidance to at least $20.50. Strong performance from Optum Insight and Optum Rx offset weakness in Optum Health and declining memberships.