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Molina Healthcare Q2 Adjusted EPS, Revenue Increase; Reiterates 2024 Adjusted EPS Outlook -- Shares Rise After Hours
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Molina Healthcare Q2 Adjusted EPS, Revenue Increase; Reiterates 2024 Adjusted EPS Outlook -- Shares Rise After Hours
Jul 24, 2024 2:29 PM

05:06 PM EDT, 07/24/2024 (MT Newswires) -- Molina Healthcare ( MOH ) reported Q2 adjusted earnings late Wednesday of $5.86 per diluted share, up from $5.65 a year earlier.

Analysts polled by Capital IQ expected $5.58.

Total revenue for the quarter ended June 30 was $9.88 billion, up from $8.33 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.75 billion.

The company still expects 2024 adjusted diluted EPS to be at least $23.50.

Analysts polled by Capital IQ expect $23.23.

The company's shares were rising past 13% in recent after-hours trading.

Price: 330.00, Change: +41.28, Percent Change: +14.30

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