Molina (MOH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Michael Burry's significant investment in Molina Healthcare highlights its impressive growth rates and undervalued stock, trading at 12x forward earnings and below 7x forward EBITDA. Molina Healthcare's revenue and EPS have seen substantial growth, but the company faces challenges with Medicaid membership declines and high Medical Care Ratios. The company is pursuing both organic growth and acquisitions, with a strong balance sheet and liquidity.
Molina (MOH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MOH remains well-poised for growth, attributable to improved premium revenues, buyouts and an aging U.S. population.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
MOH secures key contracts in Michigan and Idaho to expand services for dual-eligible populations, driving growth and strengthening its role in integrated care solutions.
Molina (MOH) reported earnings 30 days ago. What's next for the stock?
MOH's third-quarter results benefit from growing membership and rising premiums, partially offset by rising expenses.
Molina Healthcare, Inc. (NYSE:MOH ) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Jeffrey Geyer - Head of Investor Relations Joe Zubretsky - President, Chief Executive Officer Mark Keim - Chief Financial Officer Conference Call Participants Josh Raskin - Nephron Research A.J. Rice - UBS Sarah James - Cantor Fitzgerald Stephen Baxter - Wells Fargo Justin Lake - Wolfe Research Andrew Mok - Barclays Adam Ron - Bank of America Ryan Langston - TD Cowen Michael Hall - Baird Scott Fidel - Stephens George Hill - Deutsche Bank Operator Good morning and welcome to Molina HealthCare's Third Quarter 2024 Earnings Call.
The headline numbers for Molina (MOH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.