Medical-Cost Surprise Dings Molina’s Fourth-Quarter Results
-
Feb 07, 2025
Molina Healthcare, Inc.’s fourth-quarter results came in below the company’s and analysts’ expectations, driven by higher-than-anticipated care utilization among its members. The insurer also disclosed that it anticipates the trend to continue this year, a surprise to investors.
For the fourth quarter, Molina reported adjusted earnings per share (EPS) of $5.05, well below the $5.87 Wall Street consensus estimate. The insurer also had a 90.2% medical loss ratio (MLR), higher (or worse than) the 88.7% consensus.
Read more© 2024 MMIT

The Latest
Meet Our Reporters
Meet Our Reporters
GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND
Sign up for publications to get unmatched business intelligence delivered to your inbox.