Molina Healthcare Q3 Earnings Beat Estimates on Growing Premiums [Yahoo! Finance]
Molina Healthcare Inc (MOH)
Last molina healthcare inc earnings: 4/30 04:16 pm
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Source: Yahoo! Finance
Also, the bottom line grew 19% from the year-ago period. Total revenues amounted to $10.3 billion, which improved 20.9% year over year. Also, the top line outpaced the consensus mark by 3.8%. The strong third-quarter results were aided by membership growth in each of the business lines of Molina Healthcare. This, in turn, drove premiums, the most significant contributor to a health insurer's top line. However, the upside was partly offset by escalating medical care costs. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Molina Healthcare, Inc price-consensus-eps-surprise-chart | Molina Healthcare, Inc Quote Premium revenues of $9.7 billion increased 18% year over year in the quarter under review, higher than the Zacks Consensus Estimate of $9.6 billion and our estimate of $9.5 billion. The improvement stemmed from contract wins, buyouts and an expanding nationwide footprint, partly offset by Medicaid redeterminations. As of Sept. 30, 2024, total mem
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News
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MOH
Earnings
- 10/23/24 - Beat
MOH
Sec Filings
- 11/19/24 - Form 4
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- MOH's page on the SEC website