Molina Healthcare (MOH) continues to expect premium revenues at around $38 billion for the full year.
Molina Healthcare, Inc. (NYSE:MOH ) Q2 2024 Earnings Call Transcript July 25, 2024 8:00 AM ET Company Participants Joseph Zubretsky - President, Chief Executive Officer Mark Keim - Chief Financial Officer Jeffrey Geyer - Head of Investor Relations Conference Call Participants A.J. Rice - UBS Andrew Mok - Barclays Ryan Langston - TD Cowen Josh Raskin - Nephron Research Kevin Fischbeck - Bank of America Justin Lake - Wolfe Research Stephen Baxter - Wells Fargo Sarah James - Cantor Fitzgerald Michael Hall - Baird Scott Fidel - Stephens George Hill - Deutsche Bank Operator Good day!
Although the revenue and EPS for Molina (MOH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Molina (MOH) came out with quarterly earnings of $5.86 per share, beating the Zacks Consensus Estimate of $5.73 per share. This compares to earnings of $5.65 per share a year ago.
Molina's (MOH) second-quarter performance is likely to have been affected by high medical care costs, partly offset by rising membership in all three businesses.
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.
Molina (MOH) reported earnings 30 days ago. What's next for the stock?