objectives. Competition is particularly intense within the government-managed care segment, where Molina Healthcare has a significant presence. Molina Healthcare's recent earnings beat and positive future guidance paint a bullish picture for the company's prospects. Its focus on the government-managed care segment and its acquisition strategy positions it for continued growth in the coming years. However, investors must also consider the inherent risks associated with the healthcare industry. Before you con ...

Equinor ASA (EQNR) reported second-quarter 2024 adjusted earnings per share of 84 cents, which beat the Zacks Consensus Estimate of 81 cents. However, the bottom line declined from the year-ago quarter's figure of 89 cents. Segmental Analysis E&P International: The segment's adjusted operating profit totaled $699 million, down 12% from the yearago quarter's figure of $797 million. The decline can be attributed to the higher adjusted operating and administrative expenses in the second quarter compared to tha ...

| --- | --- | |------------------------------------------|-------| | | | | Fair value of consideration transferred: | | | Cash | $ | | Contingent consideration | | | Total | $ | The contingent consideration arrangement allows the seller to earn up to $100 million for the satisfaction of certain conditions within the stock purchase agreement by the fourth quarter of 2024. The fair value of the contingent Molina Healthcare, Inc. June 30, 2024 Form 10-Q | 11 Table of Contents consideration arrangement at the a ...

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 - Bai ...

For the quarter ended June 2024, Molina (MOH) reported revenue of $9.88 billion, up 18.7% over the same period last year. EPS came in at $5.86, compared to $5.65 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $9.79 billion, representing a surprise of +0.93%. The company delivered an EPS surprise of +2.27%, with the consensus EPS estimate being $5.73. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they com ...

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. These figures are adjusted for nonrecurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. There are no easy answers to this key question, but one reliable measure that can ...

Operating cash flow for the six months ended June 30, 2024 was a use of $5 million, compared to $1,403 million for the six months ended June 30, 2023. The decrease in cash flow for the period year-over-year was driven mainly by the net impact of timing differences in government receivables and payables, including Medicare and Medicaid prepayments, risk corridor settlement activity, and timing differences in receipts and payments of provider payables. -MORE- Molina Healthcare, Inc. Reports Second Quarter 202 ...

Earnings ESP: Molina Healthcare has an Earnings ESP of -5.41%. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Zacks Rank: MOH currently carries a Zacks Rank of 4 (Sell). Factors to Note The growing customer base in the Medicaid and Medicare businesses of Molina Healthcare is expected to have contributed to premium growth, the most significant contributor to the top line of a health insurer, in the second quarter. The Zacks Consensus Estimate for premiums indicates grow ...

Molina Healthcare Q1 Earnings Beat on Growing Membership It has been about a month since the last earnings report for Molina (MOH) . Shares have lost about 3.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Molina due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalyst ...

Molina Healthcare, Inc. (MOH) reported first-quarter 2024 adjusted earnings per share (EPS) of $5.73, which beat the Zacks Consensus Estimate by 5%. However, the bottom line dipped 1.4% year over year.Total revenues amounted to $9.9 billion, which improved 21.9% year over year. Also, the top line outpaced the consensus mark by 4.3%.The quarterly 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 hea ...