Molina Healthcare(US:MOH) Prnewswire·2025-10-13 17:42Core Viewpoint - A class action lawsuit has been filed against Molina Healthcare, Inc. regarding allegations of securities fraud and unlawful business practices [1][2]. Financial Performance - On July 7, 2025, Molina reported second quarter adjusted earnings of approximately $5.50 per share, which was below prior expectations due to medical cost pressures across all business lines [2]. - The company cut its full-year 2025 adjusted earnings per share guidance by 10.2% at the midpoint, revising it from at least $24.50 per share to a range of $21.50 to $22.50 per share [2]. - Molina's stock price fell by $6.97 per share, or 2.9%, closing at $232.61 on July 7, 2025, following the earnings announcement [2]. - On July 23, 2025, Molina further reduced its full-year 2025 earnings guidance, now expecting adjusted earnings to be no less than $19.00 per diluted share, representing a 13.6% cut from the previous guidance [2]. - The company's GAAP net income for the second quarter was reported at $4.75 per diluted share, an 8% decrease year over year [2]. - Molina also cut its full-year 2025 GAAP net income guidance by 27% to $912 million, attributing the results to a challenging medical cost trend environment [2]. - Following this announcement, Molina's stock price dropped by $32.03 per share, or 16.84%, closing at $158.22 on July 24, 2025 [2].