Molina Healthcare (MOH) Q1 Earnings Beat on Growing Membership [Yahoo! Finance]
Molina Healthcare Inc (MOH)
Last molina healthcare inc earnings: 4/30 04:16 pm
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molinahealthcare.com/members/common/en-us/abtmolina/compinfo/investors
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Source: Yahoo! Finance
Total revenues amounted to $9.9 billion, which improved 21.9% year over year. Also, the top line outpaced the consensus mark by 4.3%. The quarterly results were aided by membership growth in each of the business lines of Molina Healthcare. This, in turn, drove premiums, the most significant contributor to a health insurer's top line. Strong investment income also contributed to the upside. However, the upside was partly offset by escalating medical care costs. Molina Healthcare, Inc. Price, Consensus and EPS Surprise Molina Healthcare, Inc. price-consensus-eps-surprise-chart | Molina Healthcare, Inc. Quote Quarterly Operational Update Premium revenues of $9.5 billion climbed 21% year over year in the quarter under review, higher than the Zacks Consensus Estimate of $9.2 billion and our estimate of $9 billion. The improvement stemmed from contract wins, buyouts and an expanding nationwide footprint, partly offset by Medicaid redeterminations. Investment income soared 52.1%
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News
- Molina Healthcare, Inc. (NYSE:MOH) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at TD Cowen from $453.00 to $412.00. They now have a "buy" rating on the stock.MarketBeat
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at Wells Fargo & Company from $410.00 to $375.00. They now have an "equal weight" rating on the stock.MarketBeat
- Molina Healthcare, Inc. Just Recorded A 5.3% Revenue Beat: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Molina Healthcare, Inc. (NYSE: MOH) had its price target lowered by analysts at Barclays PLC from $437.00 to $430.00. They now have an "equal weight" rating on the stock.MarketBeat
MOH
Earnings
- 4/24/24 - Beat
MOH
Sec Filings
- 5/3/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- MOH's page on the SEC website