Previous close | 367.41 |
Open | 364.33 |
Bid | 0.00 x 1100 |
Ask | 0.00 x 1300 |
Day's range | 340.00 - 354.35 |
52-week range | 266.35 - 423.92 |
Volume | |
Avg. volume | 392,929 |
Market cap | 20.622B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 18.75 |
EPS (TTM) | 18.77 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 417.41 |
Molina Healthcare beat Wall Street estimates for first-quarter earnings on Wednesday, aided by higher premiums in its government-backed Medicaid insurance plans for people with low income. The company also reaffirmed its 2024 outlook, with premium revenue of about $38 billion and adjusted earnings of at least $23.50 per diluted share. Wall Street analysts expect full-year earnings of $23.56 per share.
Comparative Analysis of Q1 Performance Against Analyst Projections
LONG BEACH, Calif., April 24, 2024--Molina Healthcare, Inc. (NYSE: MOH) (the "Company") today reported first quarter 2024 GAAP earnings per diluted share of $5.17 and adjusted earnings per diluted share of $5.73. Financial results are summarized below: