Molina Healthcare Q2 Adj EPS $5.65 Beats $5.10 Estimate, Sales $8.33B Beat $8.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
Molina Healthcare reported Q2 adjusted earnings of $5.65 per share, beating the analyst consensus estimate of $5.10 by 10.78%. This is a 24.18% increase from the same period last year. The company also reported quarterly sales of $8.33 billion, beating the analyst consensus estimate of $8.32 billion by 0.08%. This is a 3.39% increase from the same period last year.
July 26, 2023 | 8:22 pm
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POSITIVE IMPACT
Molina Healthcare's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Molina Healthcare's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100