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 estimates and reaffirmed guidance. Read more here.
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 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 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 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. Shares of the health insurer were up 11% after the bell.
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.
Lear Corporation Q3 Profit Increases, Beats Estimates
Lear Corporation (LEA) reported earnings for its third quarter that increased from the same period last year and beat the Street
Top Stock Movers Now: Tesla, Molina Healthcare, UPS, Honeywell, and More
Key Takeaways The Dow and S&P 500 lost ground at midday Thursday, while the Nasdaq edged higher with Tesla leading gains on ...
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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 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 ...
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 ...
Molina Healthcare sees FY24 adjusted EPS at least $23.50, consensus $23.51
Premium revenue for the full year is unchanged and expected to be approximately $38 billion, an increase of approximately 17% from the full ...
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 ...
Harris trades: These healthcare stocks could rally if she wins — or drop if Trump triumphs
Certain healthcare stocks rank among the “Harris trades,” meaning stocks that could rally on a win by Democratic presidential ...