Molina Healthcare Stock Soars 18% as Premium Revenue Surges
Key Takeaways Shares of Molina Healthcare surged on Thursday after the health insurer reported strong results for the third quarter of 2024.Molina reported a year-over-year increase in premium revenue,
Molina Healthcare beats third-quarter profit estimates on higher premiums
Molina Healthcare beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher premiums at its government-backed Medicaid insurance plans for the low-income population.
Molina Healthcare stock soars after beating Q3 earnings
California-based Molina Healthcare is seeing its stock rise dramatically after the company easily beat third quarter earnings expectations Oct. 24. | Molina Healthcare posted an adjusted earnings per share of $6.
Molina Healthcare Q3 Earnings Beat Estimates on Growing Premiums
MOH's third-quarter results benefit from growing membership and rising premiums, partially offset by rising expenses.
Molina Healthcare reports Q3 adjusted EPS $6.01, consensus $5.94
Reports Q3 revenue $10.34B, consensus $9.92B. As of September 30, 2024, the company served approximately 5.6 million members, an increase of 8%
Molina (MOH) Beats Q3 Earnings and Revenue Estimates
Molina (MOH) came out with quarterly earnings of $6.01 per share, beating the Zacks Consensus Estimate of $5.96 per share. This compares to earnings of $5.05 per share a year ago. These figures are adjusted for non-recurring items.
Molina Healthcare Reports Third Quarter 2024 Financial Results
Molina Healthcare, Inc. (NYSE: MOH) (the "Company") today reported third quarter 2024 GAAP earnings per diluted share of $5.65 and adjusted earnings per diluted share of $6.01. Financial results are s
Molina Healthcare Inc Q3 Profit Increases, Beats Estimates
Molina Healthcare Inc (MOH) released a profit for its third quarter that increased from last year and beat the Street estimates.
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Medicaid rate hikes boost Molina Healthcare
The Medicaid rate hike will mitigate headwinds in that line of Molina Healthcare's business, which has seen higher costs ...
Molina stock rallies 23% after Q3 earnings report beats Street (update)
Molina Healthcare (MOH) shares rallied 23% Thursday, the day after the company released a Q3 earnings report that beat Street ...
Molina Healthcare price target raised to $345 from $335 at Stephens
Stephens raised the firm’s price target on Molina Healthcare (MOH) to $345 from $335 and keeps an Equal Weight rating on the shares. The ...
Molina Healthcare shares headed for their best day in more than a decade
There was only one company in the S&P 500 outperforming Tesla Inc. on Thursday. Shares of Molina Healthcare Inc. were up $55.29, or 20%, at $330.29 on Thursday after the company beat Wall Street's ...
Obamacare Profit Margins Come to Rescue of Insurer
Health-insurer profits in government programs like Medicare and Medicaid are under pressure these days. Last week, insurance stocks plunged after companies such as CVS Health and Elevance ...