Molina Healthcare, Inc. (MOH) Thursday reported first-quarter of $29.9 million or $0.64 per share, up from $18.1 million or $0.39 per share in the comparable quarter last year.
On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.25 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $1.59 billion, up from $1.37 billion last year. Analysts expected revenues of $1.59 billion.
Looking ahead to the fiscal year 2013, the company currently projects earnings of $1.55 per share, up from previous guidance of $1.45 per share. Analysts currently expect full-year earnings of $1.58 per share.
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