Molina Healthcare (MOH) Tops Q4 EPS by 155c, Revenues Beat; FY19 EPS Mid-Point Above Guidance, FY19 Revenue Guidance Below Consensus
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Molina Healthcare Announces Fourth Quarter and Year-End 2018 Results and Provides Fiscal Year 2019 Guidance
February 11, 2019 4:15 PM ESTNet income per diluted share on a GAAP basis was $3.01 in the fourth quarter of 2018 and $10.61 for the year ended December 31, 2018 Fourth quarter 2018 results include a net charge of $0.81 per diluted share, and 2018 results include a net charge of $0.22 per diluted share, for non-run-rate items The overall medical care ratio in the fourth quarter improved to 84.6% from 86.4%, sequentially, when excluding non-run rate items After-tax margin was 4.3% in the fourth quarter and 3.7% for the full-year 2018 The Company issued 2019 guidance of $9.25 -... More
