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 since the eligibility redeterminations process all but concluded earlier this year. Medical cost trend reached 6% for Medicaid in the third quarter, twice what the company projected, Chief Financial Officer Mark Keim said.
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 rises 21.1%
Molina Healthcare (MOH) is up 21.1%, or $57.96 to $332.96. Published first on TheFly – the ultimate source for real-time, market-moving
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
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 ...
Molina Healthcare: Navigating Operational Pressures with Stability Amid Mixed Signals
Stephens analyst Scott Fidel has maintained their neutral stance on MOH stock, giving a Hold rating yesterday. Scott Fidel has given his Hold ...
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 ...
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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 ...
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 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 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 ...
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Molina Healthcare (MOH): Hedge Funds Favor Managed Care Leader Amid Rising Enrollment
Molina Healthcare, Inc. (NYSE:MOH) is a managed care company that provides health insurance primarily through government ...