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Earnings News

Molina Healthcare Inc Reports Drop In Q1 Profit

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Molina Healthcare Inc (MOH) reported earnings for first quarter that Drops, from the same period last year

The company's earnings totaled $14 million, or $0.27 per share. This compares with $298 million, or $5.45 per share, last year.

Excluding items, Molina Healthcare Inc reported adjusted earnings of $120 million or $2.35 per share for the period.

The company's revenue for the period fell 3.1% to $10.796 billion from $11.147 billion last year.

Molina Healthcare Inc earnings at a glance (GAAP) :

-Earnings: $14 Mln. vs. $298 Mln. last year.
-EPS: $0.27 vs. $5.45 last year.
-Revenue: $10.796 Bln vs. $11.147 Bln last year.

-Guidance:
Full year EPS guidance: $ 5.00

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