Molina Healthcare has reported adjusted earnings of $4.90 per share for the first quarter of 2022, significantly surpassing the expected $2.82 and up from $4.44 a year prior. The company's total revenues also exceeded forecasts at $7.77 billion, leading to an upward revision of their full-year premium revenue guidance to $29.25 billion, an increase from $28.5 billion. Despite these strong financial results, Molina's stock is currently rated a 'Buy' but is slightly underperforming compared to its industry.
“Molina Healthcare · reported · first-quarter 2022 adjusted earnings · $4.90 per share”
“Molina Healthcare · reported · first-quarter 2022 adjusted earnings · $4.90 per share”
“Molina Healthcare (MOH) · is a #2 (Buy) stock · Value score of A”
“MOH · is trading with a Forward P/E ratio of · 18.12”
“MOH · has a PEG ratio of · 0.96”
“MOH · has a P/B ratio of · 7.25”
“Molina Healthcare · reported · first-quarter 2022 adjusted earnings · $4.90 per share”
“Total revenues of Molina Healthcare · beat the consensus mark of · $7,538 million · $7,770 million”
“Molina · came out with quarterly earnings · $4.90 per share”
“Molina · compared to earnings · $4.44 per share a year ago”
“Molina · was expected to post earnings · $2.82 per share”
“Molina · actually produced earnings · $2.88”