Back to top

Image: Bigstock

Molina Healthcare, Inc.

Read MoreHide Full Article

Molina Healthcare’s fourth-quarter 2018 adjusted earnings of $3.88 per share surpassed the Zacks Consensus Estimate by a whopping 155.3% and rebounded from year-ago loss of 34 cents. This upside was driven by higher premium revenues as well as decreasing expenses. Year to date, its shares have outperformed the S&P 500’s growth. The company is poised for growth on the back of its strong managed care fundamentals, growing top-line, margin recovery and effective performance management. It recently began an enterprise-wide restructuring program to reduce expenses and improve its overall operational efficiency. However, rising medical care costs along with dependence on debt financing have induced higher interest expenses, draining the company’s bottom line.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Molina Healthcare, Inc (MOH) - free report >>

Published in