Molina Healthcare (MOH) Tops Q4 EPS by 2c; Provides FY20 EPS Guidance Below Consensus, FY20 Revenue Views Above Consensus

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Molina Healthcare Reports Fourth Quarter and Year-End 2019 Financial Results

February 10, 2020 4:15 PM EST

Introduces Full Year 2020 Earnings Guidance

LONG BEACH, Calif.--(BUSINESS WIRE)-- Molina Healthcare, Inc. (NYSE: MOH) today reported net income for the fourth quarter of 2019 of $168 million, or $2.67 per diluted share, compared to net income of $201 million, or $3.01 per diluted share, for the fourth quarter of 2018. The Company also reported net income for the year ended December 31, 2019, of $737 million, or $11.47 per diluted share, compared to net income of $707 million, or $10.61 per diluted share, for the year ended December 31, 2018. Financial results for the fourth quarter and full year 2019 are summarized... More