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Molina Healthcare Q1 Adjusted Earnings Fall, Revenue Rises; 2024 Adjusted EPS Outlook Affirmed
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Molina Healthcare Q1 Adjusted Earnings Fall, Revenue Rises; 2024 Adjusted EPS Outlook Affirmed
Apr 24, 2024 2:14 PM

04:58 PM EDT, 04/24/2024 (MT Newswires) -- Molina Healthcare ( MOH ) reported Q1 adjusted earnings late Wednesday of $5.73 per diluted share, down from $5.81 per share a year earlier.

Analysts polled by Capital IQ expected $5.64.

Revenue for the quarter ended March 31 rose to $9.93 billion from $8.15 billion a year earlier. Analysts surveyed by Capital IQ expected $9.43 billion.

For 2024, the company said it continues to expect adjusted EPS of at least $23.50. The consensus is for EPS of $23.67.

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