Molina Healthcare (NYSE: MOH) has announced that it will be unveiling its third quarter financial results on Wednesday 23rd October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Wall Street financial analysts are foreseeing that the organization is likely to announce an estimated per share $5.94 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $9.92 billion during the quarter.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $5.05. This significant amount was the outcome of the company's total revenue, which reached an impressive $8.55 billion during that particular timeframe.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $39.79 billion. Furthermore, they expect the business to achieve profit of $23.51 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $5.86 | +3.7% | 9.88 B | +18.7% |
| Q1 2024 | $5.73 | -1.4% | 9.93 B | +21.9% |
| Q4 2023 | $4.38 | +6.8% | 9.05 B | +10.0% |
| Q3 2023 | $5.05 | +15.8% | 8.55 B | +7.8% |
| Q2 2023 | $5.65 | +24.2% | 8.33 B | +3.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 24th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Molina Healthcare (MOH) closed Monday's regular trading session at $286.60, marking a 1.08 percent decrease. The stock fluctuated between $285.76 and $290.66 during the day, with a volume of 948.10 thousand shares.
