Molina Healthcare (MOH) Tops Q3 EPS by $1.20

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Molina Healthcare Reports Third Quarter 2020 Financial Results

October 28, 2020 4:15 PM EDT

Reports Third Quarter GAAP EPS of $3.10 and Adjusted EPS of $3.36

LONG BEACH, Calif.--(BUSINESS WIRE)-- Molina Healthcare, Inc. (NYSE: MOH) today reported net income for the third quarter of 2020 of $185 million, or $3.10 per diluted share, compared to net income of $175 million, or $2.75 per diluted share, for the third quarter of 2019. Adjusted EPS for the third quarter of 2020 was $3.36, compared to $2.83 for the third quarter of 2019. Financial results for the third quarter of 2020 are summarized below:

 

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