12:09 PM EDT, 07/25/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

Molina Healthcare ( MOH ) shares were up past 15% in recent Thursday trading after the company reported higher Q2 adjusted earnings and revenue.

The company reported Q2 adjusted earnings overnight 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.

Price: 333.13, Change: +44.41, Percent Change: +15.38