Molina Healthcare

Molina Healthcare, Inc. engages in the provision of health care services. It operates through the Health Plans and Other segments. The Health Plans segment consists of health plans in 11 states and the Commonwealth of Puerto Rico and includes direct delivery business. The Other segment includes the historical results of the MMIS and behavioral health subsidiaries. The company was founded by C. David Molina in 1980 and is headquartered in Long Beach, CA.

Earnings data Q1 2021

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Earnings data Q4 2024

Molina Healthcare posts robust earnings, eyes growth amid challenges

Molina Healthcare's strong financial performance in 2022, driven by Medicaid success and strategic acquisitions, sets the stage for continued growth in 2023. Challenges include managing MLR drag and uncertainties in interest income, with opportunities lying in optimizing Marketplace margins and membership growth.

Molina Healthcare excels in Q1, raises guidance amid growth

Molina Healthcare's Q1 performance reflects strong growth and operational efficiency, with raised guidance for 2023 showcasing confidence in sustained profitability.
The company's strategic focus on organic growth, acquisitions, and prudent risk management positions it well for future opportunities and challenges.
Adaptation to evolving cost dynamics and proactive measures to address potential risks demonstrate Molina Healthcare's commitment to long-term success.

Molina Healthcare reports robust Q2 earnings, eyes growth opportunities

Molina Healthcare's strong financial performance and strategic acquisitions position it for continued growth.
Challenges include membership declines from Medicaid redeterminations and margin pressures from utilization trends.
Opportunities lie in revenue growth post-redeterminations, Marketplace expansion, and benefit design adjustments.
Careful monitoring of operational metrics and ongoing state discussions will be key to sustaining profitability.

Molina Healthcare reports robust Q3 earnings, eyes growth opportunities

Molina Healthcare's Q3 performance was strong, with a focus on growth and profitability. While facing challenges in Medicare and retro rate adjustments, the company remains optimistic about future opportunities. Strategic acquisitions and market positioning are key drivers of growth.

Molina Healthcare posts robust earnings, eyes growth through strategic initiatives

Molina Healthcare's strong financial performance in Q4 2023 and strategic initiatives position them for continued growth. Challenges include managing acquisitions and optimizing margins, while opportunities exist in expansion and margin improvement. The company aims for sustained growth and improved financial metrics in the coming years.

Molina Healthcare reports robust Q1 performance and outlines growth strategies

Molina Healthcare's Q1 2024 performance showcased strong financials and operational successes.
While facing challenges in certain states, the company is focused on growth opportunities and strategic acquisitions.
Guidance for 2025 and 2026 indicates a clear path for continued growth and revenue expansion.
Overall, Molina Healthcare remains optimistic about its future prospects and financial outlook.

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Molina Healthcare, Inc. engages in the provision of health care services. It operates through the following segments: Medicaid, Medicare, Marketplace, and Other. The company was founded by C. David Molina in 1980 and is headquartered in Long Beach, CA.

COLUMBUS, Ohio--(BUSINESS WIRE)--Molina Healthcare invests $1.25 million to improve health outcomes of Ohioans struggling with behavioral health and substance use disorders.

Molina Healthcare Invests $1.25 Million to Improve Health Outcomes of Ohioans Struggling with Behavioral Health and Substance Use Disorders

DETROIT--(BUSINESS WIRE)--The Molina Healthcare Charitable Foundation presents $25,000 grant to Playworks Michigan for social/emotional skill development through recess.

The Molina Healthcare Charitable Foundation Presents $25,000 Grant to Playworks Michigan for Social/Emotional Skill Development Through Recess

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare boosts its support for Alzheimer's Association with $170,000 donation for Walk to End Alzheimer's events.

Molina Healthcare Boosts its Support for Alzheimer's Association with $170,000 Donation for Walk to End Alzheimer's Events

MOH stock is expected to benefit from contract wins, rising premiums and expansion initiatives.

Molina Healthcare Stock Rises 15.4% in 3 Months: Should You Buy?

LANSING, Mich.--(BUSINESS WIRE)--Molina Healthcare of Michigan donates $125,000 to address critical shortage of professionals caring for seniors.

Molina Healthcare of Michigan Donates $125,000 to Address Critical Shortage of Professionals Caring for Seniors

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LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) today announced it will issue its earnings release for the third quarter ending September 30, 2024, after the market closes on Wednesday, October 23, 2024, and will host a conference call and webcast to discuss the earnings release on Thursday, October 24, 2024, at 8:00 a.m. Eastern Time. To access this interactive teleconference, dial (877) 883-0383 and enter the confirmation number, 7014206. A.

Molina Healthcare Announces Third Quarter 2024 Earnings Release and Conference Call Dates and Investor Day Meeting

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LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that Senior Executive Vice President and Chief Financial Officer, Mark Keim, will assume an expanded role which will now include leadership of the Company's Medicaid Health Plans and Marketplace business. His responsibilities as Chief Financial Officer of the enterprise remain unchanged. Keim, 59, joined Molina in January of 2018 and was named Chief Financial Officer in February.

Molina Healthcare Senior Executive Vice President and CFO Mark Keim to Expand Role to Include Leadership of the Medicaid Health Plans and Marketplace Business

Molina (MOH) reported earnings 30 days ago. What's next for the stock?

Why Is Molina (MOH) Up 6.1% Since Last Earnings Report?

COLUMBUS, Ohio--(BUSINESS WIRE)--Molina Healthcare of Ohio donates $125,000 to address shortage of home care and hospice nurses.

Molina Healthcare of Ohio Donates $125,000 to Address Shortage of Home Care and Hospice Nurses

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare supports 2024 “Unforgettable Tour” to help raise awareness for Alzheimer's Association.

Molina Healthcare Supports 2024 “Unforgettable Tour” to Help Raise Awareness for Alzheimer's Association

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that its Board of Directors has entered into a contract amendment with President and Chief Executive Officer, Joe Zubretsky, designed to secure Mr. Zubretsky's tenure through at least the end of 2027. Zubretsky, 67, joined Molina as President and Chief Executive Officer in November of 2017. “Under Joe's leadership we have the right strategy, great execution, and have created sign.

Molina Healthcare Signs CEO Joe Zubretsky to New Employment Agreement

Molina Healthcare (MOH) remains well-poised for growth, attributable to membership growth in Medicaid and Medicare businesses. Buyouts and an adequate cash balance remain other benefits.

Compelling Reasons to Hold Molina Healthcare (MOH) Stock Now

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DETROIT--(BUSINESS WIRE)--Molina Healthcare of Michigan donating $100,000 to expand Energy Efficiency Program for low-income seniors.

Molina Healthcare of Michigan Donating $100,000 to Expand Energy Efficiency Program for Low-income Seniors

Molina Healthcare, Inc. NYSE: MOH is a leading provider of managed healthcare services, primarily focusing on government-sponsored programs such as Medicaid and Medicare. Molina Healthcare's earnings report for the second quarter was released, and it sent shockwaves through the market, propelling the stock price up by over 15%.

Leading Healthcare Provider Stock Soars on Earnings Beat

Molina Healthcare reported strong fiscal second-quarter results, leading to pre-market gains and a potential turnaround. MOH stock is down nearly 25% from YTD highs, but Q2 results show stabilizing medical expense ratios, assuaging investor fears. Molina's attractive valuation, cost control strategies, and growth outlook make it a buy for investors looking for long-term rewards.

Molina Healthcare: Health Insurer Selling For A Discount

Molina Healthcare, Inc. (NYSE:MOH ) Q2 2024 Earnings Call Transcript July 25, 2024 8:00 AM ET Company Participants Joseph Zubretsky - President, Chief Executive Officer Mark Keim - Chief Financial Officer Jeffrey Geyer - Head of Investor Relations Conference Call Participants A.J. Rice - UBS Andrew Mok - Barclays Ryan Langston - TD Cowen Josh Raskin - Nephron Research Kevin Fischbeck - Bank of America Justin Lake - Wolfe Research Stephen Baxter - Wells Fargo Sarah James - Cantor Fitzgerald Michael Hall - Baird Scott Fidel - Stephens George Hill - Deutsche Bank Operator Good day!

Molina Healthcare, Inc. (MOH) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Molina (MOH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Molina (MOH) Reports Q2 Earnings: What Key Metrics Have to Say

Molina Healthcare beat Wall Street estimates for second-quarter earnings on Wednesday, driven by higher premiums from its government-backed Medicaid insurance plans for low-income individuals.

Molina Healthcare beats second-quarter profit estimates on higher premiums

Molina (MOH) came out with quarterly earnings of $5.86 per share, beating the Zacks Consensus Estimate of $5.73 per share. This compares to earnings of $5.65 per share a year ago.

Molina (MOH) Tops Q2 Earnings and Revenue Estimates

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (the “Company”) today reported second quarter 2024 GAAP earnings per diluted share of $5.17 and adjusted earnings per diluted share of $5.86. Financial results are summarized below:   Three months ended   Six months ended   June 30,   June 30,   2024   2023   2024   2023                 (In millions, except per-share results) Premium Revenue $ 9,446     $ 8,042     $ 18,950     $ 15,927   Total Revenue $ 9,880     $ 8,327.

Molina Healthcare Reports Second Quarter 2024 Financial Results

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) announced today that it has entered into a definitive agreement to acquire ConnectiCare Holding Company, Inc. (“ConnectiCare”), a wholly owned subsidiary of EmblemHealth, Inc. The purchase price for the transaction is $350 million, representing 25% of expected 2024 premium revenue of $1.4 billion. ConnectiCare is a leading health plan in the state of Connecticut serving approximately 140,000 mem.

Molina Healthcare to Acquire ConnectiCare

LONG BEACH, Calif.--(BUSINESS WIRE)--Molina Healthcare, Inc. (NYSE: MOH) (“Molina”) announced today that the Florida Agency for Healthcare Administration (AHCA) has awarded a new Medicaid managed care contract to Molina's health plan subsidiary, Molina Healthcare of Florida, Inc. Under the contract award in Miami-Dade and Monroe Counties, Molina expects to serve approximately 90,000 Medicaid beneficiaries. The contract term is expected to commence on January 1, 2025, and to run through December.

News for Molina Healthcare Stock (MOH)