Molina (MOH) Q4 Earnings and Revenues Miss Estimates

Core Viewpoint - Molina's quarterly earnings of $5.05 per share fell short of the Zacks Consensus Estimate of $5.81 per share, marking an earnings surprise of -13.08% [1] - The company reported revenues of $10.5 billion for the quarter, slightly missing the consensus estimate by 0.04%, but showing an increase from $9.05 billion year-over-year [2] Financial Performance - Earnings per share (EPS) for the same quarter last year was $4.38, indicating a year-over-year increase [1] - Over the last four quarters, Molina has surpassed consensus EPS estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $6.60, with expected revenues of $10.71 billion, and for the current fiscal year, the EPS estimate is $26.06 on revenues of $43.78 billion [7] Market Performance - Molina shares have increased approximately 8.4% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The company's stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Outlook - The Medical - HMOs industry, to which Molina belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Molina's stock performance [5]