Molina Healthcare Q4 Adj EPS $4.38 Beats $4.35 Estimate, Sales $9.05B Beat $8.37B Estimate
Portfolio Pulse from Benzinga Newsdesk
Molina Healthcare (NYSE:MOH) reported Q4 adjusted earnings of $4.38 per share, surpassing the consensus estimate of $4.35, and sales of $9.05B, exceeding the $8.37B estimate. This represents a 6.83% increase in earnings and a 10.03% increase in sales compared to the same period last year.
February 07, 2024 | 9:23 pm
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POSITIVE IMPACT
Molina Healthcare reported higher-than-expected Q4 earnings and sales, indicating strong financial performance and growth.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported growth over the previous year further strengthens the case for a positive impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100