Molina Healthcare (MOH) Tops Q1 EPS by 24c

Molina Healthcare (NYSE: MOH) reported Q1 EPS of $4.90, $0.24 better than the analyst estimate of $4.66. Revenue for the quarter came in at $7.77 billion versus the consensus estimate of $7.52 billion.

GUIDANCE:

Molina Healthcare sees FY2022 EPS of $17.10, versus the consensus of $17.18.

• Premium revenue for full year 2022 is now expected to be approximately $29.25 billion, compared to the previous guidance of approximately $28.5 billion. The guidance increase of approximately $750 million includes the extension of the Public Health Emergency from April to July, higher Marketplace membership, and pass through revenue payments.

For earnings history and earnings-related data on Molina Healthcare (MOH) click here.

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