Molina Healthcare is a managed care organization that provides health insurance services primarily to individuals and families participating in government programs such as Medicaid and Medicare
The company focuses on delivering coordinated care and comprehensive health services, emphasizing preventive care management to improve patient outcomes. Molina Healthcare operates in various states across the United States, offering a range of plans tailored to meet the needs of diverse populations, including those with chronic illnesses or complex health conditions. With a commitment to community engagement and quality health care, Molina aims to ensure that its members have access to affordable health services and support.
Consider MOLINA HEALTHCARE INC as a top value stock. NYSE:MOH shines in terms of profitability, solvency, and liquidity, all while remaining very reasonably priced.
Shares of healthcare insurance company Molina Healthcare (NYSEMOH)
fell 10.6% in the pre-market session after the company reported underwhelming fourth quarter results, with EPS missing Wall Street estimates and full-year EPS guidance falling significantly short. However, full-year revenue guidance slightly exceeded analysts' expectations, and revenue outperformed estimates. Overall, the results were mixed.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Healthcare insurance company Molina Healthcare (NYSEMOH) announced better-than-expected revenue in Q4 CY2024, with sales up 16% year on year to $10.5 billion. The company’s full-year revenue guidance of $44 billion at the midpoint came in 1.4% above analysts’ estimates. Its GAAP profit of $4.44 per share was 19% below analysts’ consensus estimates.
Molina Healthcare, Inc. (NYSEMOH) (the “Company”) today reported fourth quarter 2024 GAAP earnings per diluted share of $4.44 and adjusted earnings per diluted share of $5.05. The Company also reported full year 2024 GAAP earnings per diluted share of $20.42 and adjusted earnings per diluted share of $22.65. Financial results are summarized below:
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Molina Healthcare, Inc. (NYSEMOH) today announced that its acquisition of ConnectiCare Holding Company, Inc. (“ConnectiCare”) closed effective as of February 1, 2025. At closing, ConnectiCare served approximately 140,000 members across Marketplace, Medicare, and certain commercial products.
Molina Healthcare, Inc. (NYSEMOH) today announced it will issue its earnings release for the fourth quarter and year ending December 31, 2024, after the market closes on Wednesday, February 5, 2025, and will host a conference call and webcast to discuss the earnings release on Thursday, February 6, 2025, at 8:00 a.m. Eastern Time. To access this interactive teleconference, dial (877) 883-0383 and enter the confirmation number, 6464707. A telephonic replay of the conference call will be available through Thursday, February 13, 2025, by dialing (877) 344-7529 and entering the confirmation number, 2353454.
Molina Healthcare, Inc. (NYSEMOH) (“Molina” or the “Company”) announced today that the Michigan Department of Health and Human Services (MDHHS) has awarded a contract to Molina’s health plan subsidiary, Molina Healthcare of Michigan, to provide a Highly Integrated Dual Eligible Special Needs Plan (HIDE SNP). This new award follows the initial notice of intent to award the HIDE SNP contract announced by the MDHHS on October 9, 2024, and subsequently cancelled on November 8, 2024. The new benefit plan, MI Coordinated Health, will be available to individuals enrolled in both Medicare and Medicaid. Molina confirmed it was awarded the contract in eleven service regions – Michigan’s entire lower peninsula. Molina currently serves two regions in the existing Michigan Health Link program, the state’s current platform for serving dual eligible members.
