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 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 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 (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 rises 19.3%
Molina Healthcare (MOH) is up 19.3%, or $53.07 to $328.07. Published first on TheFly – the ultimate source for real-time, market-moving
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
Modern Healthcare8h
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 ...
3 Reasons to Buy Tesla Stock Like There's No Tomorrow
Tesla posted blowout earnings, surprising the market with widening margins for the first time in more than a year. The new ...
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 ...