Preview: Molina Healthcare's Earnings
Portfolio Pulse from Benzinga Insights
Molina Healthcare (NYSE:MOH) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $4.88. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $344.64 as of October 23, with a 52-week return of -8.18%.
October 24, 2023 | 4:01 pm
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Molina Healthcare is expected to report an EPS of $4.88 in its upcoming earnings report. The company's stock has historically dropped following earnings beats, and it has a negative 52-week return of -8.18%.
Molina Healthcare's stock has shown a pattern of dropping following earnings beats, which could indicate investor skepticism or profit-taking. The negative 52-week return also suggests a bearish sentiment among long-term shareholders. These factors could potentially lead to a drop in the stock price following the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100