Molina Healthcare Q3 EPS $5.05 Beats $4.88 Estimate, Sales $8.55B Beat $8.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Molina Healthcare reported Q3 earnings of $5.05 per share, beating the analyst consensus estimate of $4.88 by 3.48%. This is a 15.83% increase from the same period last year. The company also reported quarterly sales of $8.55 billion, beating the analyst consensus estimate of $8.24 billion by 3.74%. This is a 7.83% increase from the same period last year.
October 25, 2023 | 8:07 pm
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POSITIVE IMPACT
Molina Healthcare's Q3 earnings and sales beat analyst estimates, showing a significant YoY increase.
Molina Healthcare's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for the stock. The YoY growth in earnings and sales indicates strong performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100