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Recap: Molina Healthcare Q2 Earnings

Molina Healthcare (NYSE:MOH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM. Here's what investors need to know about the announcement.

Benzinga · 07/27/2022 17:58

Molina Healthcare (NYSE:MOH) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Molina Healthcare beat estimated earnings by 6.06%, reporting an EPS of $4.55 versus an estimate of $4.29.

Revenue was up $1.25 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24 which was followed by a 2.61% drop in the share price the next day.

Here's a look at Molina Healthcare's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 4.66 2.75 2.79 3.38
EPS Actual 4.90 2.88 2.83 3.40
Revenue Estimate 7.52B 7.19B 6.79B 6.38B
Revenue Actual 7.77B 7.41B 7.04B 6.80B

To track all earnings releases for Molina Healthcare VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.