Molina Healthcare (MOH) Tops Q1 EPS by 60c, Revenues Beat; Raises FY10 EPS/Revenue Outlook
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Molina Healthcare Reports First Quarter 2019 Financial Results and Raises Full Year 2019 Earnings Guidance
April 29, 2019 4:15 PM EDTNet income per diluted share was $2.99 in the first quarter of 2019 compared with $1.64 in the first quarter of 2018, which included a net benefit of $0.38 per diluted share for non-run-rate items After-tax margin improved to 4.8% in the first quarter of 2019 compared with 2.3% in the first quarter of 2018 Medical care ratio was 85.3% in the first quarter, an improvement from 87.7% in the first quarter of 2018, excluding non-run-rate items in the first quarter of 2018 Premium revenue was $4.0 billion in the first quarter of 2019, a 9% decrease compared with... More
